Those of you in the St. Louis area are well familiar with Mr. McKee, a long time developer who is attempting to transform the north side of St. Louis though massive development efforts. He owns hundreds of properties and has a bold vision for development. Many community based folks have been suspicious of him.
It turns out these suspicions seem warranted. The St. Louis Business Journal reported that McKee had inflated sales prices of his properties to increase his receipt of state tax credits. This is of course fraud.
I am actually disappointed. I knew Paul fairly well at one time and considered him a true visionary whose heart was in the right place. With me he was always generous with his time and was always very accessible. I like to think I am a good judge of character, but in this case I was fooled. Written by Paul Dribin