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Four Illinois men are facing bank fraud charges in a luxury car loan scheme that defrauded four credit unions out of $914,000, according federal prosecutors in Chicago.

Precious W. House, 47, of Chicago, Brian K. Hughes, 41, of Homewood, Michael O. Turner, 44, of Richton Park and Keith B. Foster, 46, of Harvey stand accused of fraudulently securing at least 28 automobile loans from the $643 million Great Lakes Credit Union in North Chicago, the $16 billion Pentagon Federal Credit Union in Alexandria, Va., the $30 million Sherwin-Williams Employees Credit Union in South Holland, Ill., and $745 million Credit Union 1 in Rantoul, Ill.

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Peter Strozniak


Credit Union Times

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