Two St. Louis business owners have been indicted by the Attorney General for allegedly ripping off a state tax credit program. Court papers have been filed outlining the case against Willie Adams and Maxine Allen, both accused of creating false business fronts to tap into the Rebuilding Communities Tax Credit program. The Attorney General’s office accuses the two of faking invoices for equipment never purchased for companies never established to receive a $75,000 tax credit. Adams allegedly made his purchases under the firm name of Max Allen Promotions and Allen used the name Elite Technical Services. The Attorney General alleges they both wrote checks made payable to a company called Electronics and More, which never chased the checks, but used them to trigger the tax credits from the state.
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