Sentence handed down for former CU employee. Source: Shutterstock

Christopher Simmons, 40, of Chicago, will be sentenced in February after a jury found him guilty on three counts of financial institution fraud and one count of identity theft, the U.S. Attorney’s office for the Central District of Illinois in Peoria said.

Over two days of testimony in U.S. District Court last month, prosecutors showed that Simmons committed his fraud with Ardeen Canterbury, who initially obtained a $49,900 loan from the $7.5 billion Citizens Equity First Credit Union in Peoria to purchase a 2016 Audi from Simmons in January 2020. But it turned out he didn’t own the car and the information about the vehicle came from an eBay listing.

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