After a four-day trial and four hours of deliberation, a federal jury found a former credit union CEO guilty of bank fraud and other felonies last week in U.S. District Court in Peoria, Ill.
Charles Juska, 53, former president of the $23 million Tazewell County School Employees Credit Union in Pekin, Ill., was indicted in May 2014 on 18 felony counts of bank fraud, making false entries and misapplying funds of $550,000.
He executed a loan scheme that benefitted members with bad credit and falsely minimized the institution's loan delinquencies.
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