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ST. LOUIS (AP) — A St. Louis-area investment adviser faces up to 40 years in federal prison now that he's admitted pilfering more than $1.8 million from client accounts.
Thirty-four-year-old Greg John Campbell of Ladue pleaded guilty Friday in federal court in St. Louis to two counts of wire fraud.
Authorities say Campbell was working as a Merrill Lynch financial adviser from mid-2006 through October 2011 when he diverted more than $1.4 million from client accounts to his own. One client was 86 years old with dementia.
After going to work for another wealth-management business, authorities say, Campbell stole an additional $360,000 from clients.
Prosecutors say he used the money for a down payment on a home, mortgage payments, lease payments on luxury vehicles, and living expenses.
Sentencing is set for September 10th.
JEFFERSON CITY, Mo. (AP) — An organization representing city officials from across Missouri is urging Governor Jay Nixon to veto legislation limiting their ability to regulate cellphone towers.
The Missouri Municipal League said Friday the bill could allow placement of large cellphone towers in town squares or residential neighborhoods, which could hurt property values.
But bill supporters say their intent is to encourage the expansion of wireless Internet service across the state. They say the expansion can be hampered when companies have to comply with a hodgepodge of different local regulations that sometimes can be costly.
A Nixon spokesman declined to say whether the governor has any concerns about the bill, noting only that it will receive a thorough review.
Police are looking for the suspect in a Creve Coeur bank robbery.
The suspect walked in to the Reliance Bank at Olive and Warson this morning, pulled a gun on the teller, and ran off with an undisclosed amount of cash.
Anyone who recognizes the suspect or has information is asked to call CrimeStoppers at 866.371.TIPS.
CHAFFEE, Mo. (AP) - Federal investigators say a Union Pacific freight train involved in a collision with another freight train had a signal to stop at the rail intersection where the crash occurred in southeast Missouri.
The May 25 accident occurred when the UP train hit the side of a Burlington Northern Santa Fe train at the rail intersection near Chaffee. The accident derailed about two dozen rail cars, destroyed columns supporting a highway overpass and injured seven people, though none seriously.
The National Transportation Safety Board says in its preliminary report released Friday that signal data show the UP train had a signal indication to stop at the intersection, and the BNSF train had a signal to proceed through the intersection.
The report also says the damage is estimated at $11 million.
CAPE GIRAREAU, Mo. (AP) - A Cape Girardeau man is facing two counts of first-degree murder in the shooting deaths of his wife and son.
The Cape Girardeau County prosecuting attorney said George Edwin Joseph was charged with murdering his wife, 57-year-old Mary Joseph, and 18-year-old son, Matthew Joseph, while they slept May 30.
Joseph was hospitalized after the shooting with a gunshot wound to the head.
The Southeast Missourian reports a probable cause statement said Joseph was depressed and facing "significant financial issues" that affected several other individuals. Police say Joseph told them he shot his wife and son so they would not face the shame of financial ruin.
Joseph is in custody on a $5 million cash-only bond.
KANSAS CITY, Mo. (AP) - A nearly 2-mile stretch of Interstate 70 in Kansas City is closed after a tanker truck crashed and exploded into flames, injuring the driver.
The single-vehicle accident occurred early Friday when the tanker hit a median and caught fire. The Missouri Department of Transportation says the truck was hauling a flammable solvent, some of which spilled after the crash.
Jesse Skinner, district maintenance engineer for the transportation department, says the driver was hospitalized with non-life threatening injuries. No other injuries were reported.
He says crews from the fire department, the Missouri Department of Natural Resources and the Environmental Protection Agency were at the scene to ensure the solvent was contained. He says there's no threat to public safety.
The highway department says the highway could be closed until late Friday.
SPRINGFIELD, Ill. (AP) - A 140-year-old Illinois prison housing the state's toughest criminals could one day be home to a modern and ecologically friendly power-generator.
The Springfield bureau of Lee Enterprises Newspapers in Illinois reported Friday that Department of Corrections officials are studying whether Menard Correctional Center in southwestern Illinois could be run by waste products from other prisons.
Officials say wood, paper and food waste could be burned to generate about 10 percent of the power used at Menard, a 3,600-inmate prison built in the 1870s that's located about 60 miles southeast of St. Louis.
Jen Aholt is the CEO of Illinois Correctional Industries. She says the industries division could turn the refuse into dried, burnable pellets and transport them to Menard.
A repeat-offender is headed back to prison after he was convicted of robbing an Imo's delivery man.
Travis Moorehead will spend 20 years behind bars for the crime in early 2011. Moorehead approached the drive in Dutchtown, showed a gun, and took $30. Police caught his while he was running away. Police say the weapon he used in the recent crime was a replica BB gun.
In 2004 Moorehead was convicted for committing a separate burglary.
Flooding is forcing the Illinois Department of Transportation to postpone planned work on the McKinley Bridge.
The original closure was scheduled to start tonight and run through the weekend, but the water is to high to complete the work safely. IDOT says the new start date is June 28, weather permitting.
All Aboard! That will be a call St. Louisans hear once again at Union Station. Owners of the National Historic Landmark announcing plans Thursday to restore excursion train travel as part of the the renewal of Union Station. KTRS' Vicki Pimentel reports from downtown.
"Union Station was built in 1894 and has weathered good times and bad. Once the busiest railway station in the world, it hasn't housed trains in years. But the purchase last summer by Lodging Hospitality Management seem to signal a new era of commitment to this St. Louis treasure.
Bob O'Loughlin heads up LHM and he's excited about the prospects. "We've had some conversations with the Rams about doing a program with them over to the Kansas City Chiefs preseason game to have fans go over there. We can do Cubs-Cards weekends, we can go to the wine country."
Excursion train travel is expected to be available this Fall. Vicki Pimentel KTRS News"