Bookkeeper gets prison time for stealing from condo association
A St. Louis man has been sentenced to 14 months in prison for embezzling money from a condominium association for which he worked.
Sean Holland, 43, worked as a bookkeeper for Maryland House Condominium in St. Louis from 2008 to 2010. During that time, he made $64,000 of nauthorized electronic transfers of funds to his personal bank account, according to the U.S. Attorney’s Office for the Eastern District of Missouri.
Holland, who pleaded guilty in September, was sentenced Friday.
Mortgage broker pleads guilty to fraud
The CEO of a local mortgage brokering business has pleaded guilty to felony charges stemming from his alleged conspiracy to defraud the U.S. government and several banks, the U.S. Attorney’s office for the Eastern District of Missouri said Friday.
Officials said Jason Rauschelbach, 43, was CEO of Title America and The Mortgage Store Inc. (TMS), a brokerage with offices in Westport Plaza and Wentzville that also had employees and offices in four states.
In 2008, The U.S. Attorney’s Office said,…
These guys say, 'Don’t invest like it's 1980'
Is your alma mater’s endowment investing like it’s 1980?
Bret Sinak and Ron Portell, managing partners at Endeavor Wealth Management in Chesterfield, with $100 million in client assets, believe a lot of small and midsize institutional investors are. They contend too few are venturing beyond stocks, bonds and cash into alternative investments, such as real estate and commodities, through mutual funds and exchange traded funds.
Read what they and other St. Louis money managers have to say about…
Sherlyn Hailstone, Cardinal Glennon president, to retire
Sherlyn Hailstone, president of SSM Cardinal Glennon Children’s Medical Center, will retire from her post July 1.
Hailstone has served as Cardinal Glennon president since 2008, according to a statement from SSM.
SSM did not detail a plan to find a permanent successor.
Hailstone first joined SSM in 2005 as president of SSM St. Joseph Health Center and SSM St. Joseph Medical Park.
Kate Becker, president of SSM St. Mary’s Health Center, will serve as interim president after Hailstone retires.
On the market: the most expensive homes in Wildwood
On the market features Wildwood this week.
Click on the photo to the right to see the homes.
16702 Wills Terrace — $1,999,999
This seven-bedroom, five-bathroom, 5,931-square-foot home was built in 2002.
The home has four fireplaces and and a wine cellar and wet bar.
1238 Shepard Oaks Court — $1,995,000
This five-bedroom, five-bathroom, 5,402-square-foot home sits on two acres and was built in 2008.
The walk out lower level features a recreation room, second kitchen, media room, family…