St. Louis developer Matt Burghoff indicted for bank fraud, money laundering

it is so sad what greed will do to a good person

No. The good person that may get hurt in this is his brother. The one that always did things through hard work and honesty. Not like this loser.

Anyone whose done business with Matt is suffering. I'm an innocent victim of his greed. I really hope he pays for what he's done. Recently, he's been boasting about not having to do jail time and how everything is fine with him and his family.
Well, his HUGH home on Jefferson in Kirkwood is up for sale. And now all of a sudden he's becoming MIA. Wonder who's doing jail time now mr. burghoff.(what a pathetic terd!)

Matt Burghoff is not a good person. He will do anything it takes to get to the top. Realizing full well that he is hurting the innocent people he steps on. Matt Burghoff deserves what is coming to him.

I heard through the grapevine he stole from his own brother years ago. I truly feel badly for his brother who is an extremely hard worker. Matt cuts corners and destroys families.

The story goes... Matt's "business practices" resulted in the brothers parting in '98. He's lucky the IRS didn't become involved back then. Anyone care to guess how much s*it he's tried to pull off since then?

What a Mess wrote:

Anyone whose done business with Matt is suffering. I'm an innocent victim of his greed. I really hope he pays for what he's done. Recently, he's been boasting about not having to do jail time and how everything is fine with him and his family.
Well, his HUGH home on Jefferson in Kirkwood is up for sale. And now all of a sudden he's becoming MIA. Wonder who's doing jail time now mr. burghoff.(what a pathetic terd!)

And not only For Sale - its gone into default - looks like someone isn't paying the note.

I have known his daughter for a while ago, and seriously would NEVER have expect him to be doing this... but isnt that what the shocked neighbor always says?

Matt is one of the most despicable and self absorberd people I know. No one who knows him well will be surprised that his greed led him to this point. And if I know Matt well, he is hunkered down in some corner only worrying about himself, not his kids, not the innocent people he abused along the way, just his own pathetic self. I can't wait to see him go to jail

I think you people should remember "guilty when proven guilty, what have you all got so shook up about ,doing your own "dodgy deals"?
and you should learn how to spell TURD :
tsk tsk americans.

and he has many other personal character flaws. has his wife smartened up and left him or is she still hoping for the same lifestyle they falsely led?

british observer wrote:

I think you people should remember "guilty when proven guilty, what have you all got so shook up about ,doing your own "dodgy deals"?
and you should learn how to spell TURD :
tsk tsk americans.

And pleading Guilty kinda says ...???

Yeah the british observer comments were hard to take on a couple of levels. Where does this British yahoo get off lecturing Americans about individual rights!! I think he is forgetting several centuries of history, and by the way british dude, innocent until proven guilty, was invented here in the US. Also if you had read most of these posts, it came from us who had first hand observations of his crookedness. You probably met him at a bar near his home in Mexico where he smuggled his money to. I can't believe you would trade that drunken exchange over our own experiences.

This is an unfortunate turn of events. Responding to What a Jerk's post, This was true to the best of my knowledge. Russ Burghoff worked very hard to build that business,, even to the day he fell ill. I was young when Matt split from his brother. We knew then that something was not right. I can say that I was shocked to hear about this, I guess i shouldn't have been. He did help out when there was need however. So his family will be supportive as best as they can.

Matt's kids needs support.

And for Matt...
When life gives you lemons,
find someone who has vodka and throw a party!

Give him the Chair!!

His Dad was an arrogant, jerk appraiser and as far as I can tell, it is like-father-like-son.

ex partner wrote:

Matt is one of the most despicable and self absorberd people I know. No one who knows him well will be surprised that his greed led him to this point. And if I know Matt well, he is hunkered down in some corner only worrying about himself, not his kids, not the innocent people he abused along the way, just his own pathetic self. I can't wait to see him go to jail

UPDATE:
Burghoff, 45, could get 24 to 30 months in prison under federal sentencing guidelines for the two charges: bank fraud and violating the clean air act, but he may face less if he is able to provide information in an unspecified "ongoing investigation."

My comments:
Apparently, Matt can't "take it like a man"... He's squealing like the slippery pig that he really is and will try to take someone - ANYONE - down with him.

Anyone care to make the odds that he's a "no show" at the sentencing hearing?

In response to notsurprised, WOW you have no idea what you are talking about. I have known the entire family, personally and professionally for the past thirty plus years, and Matt's dad was one the the most honest, decent people I know. Why don't you leave the dead alone, since he can't defend himself. It is not "like father like son." Matt's choices were his own, and he will have to face the consequences. I am so glad his dad is not alive to see what is happening, or to read comments from ignorant people such as yourself. Shame on you!