Quantcast

MADISON - ST. CLAIR RECORD

Wednesday, April 24, 2024

Scott Credit Union, former employee named in another suit for alleged fraud

BELLEVILLE – Scott Credit Union and one of its former employees are named in another lawsuit alleging the employee participated in money fraud using the customers' accounts.

Complete Supplements STL LLC and Bill Haskins filed the suit March 22 in St. Clair County Circuit Court against Scott Credit Union and Theodore Longust.

Longust has been accused of fraud by plaintiffs in other similar suits.

Longust was an employee at Scott Credit Union from 2005 to 2014, holding the title Business Relationship Manager, the suit says.

The plaintiffs allege Longust ignored requirements regarding opening lines of credit and accounts and transferring funds. Instead, they claim the defendant perpetrated fraud, the suit claims.

Specifically, the plaintiffs claim Longust knowingly removed money from the their accounts without authorization, opened lines of credit in their names without authorization, denied them access to their accounts, attempted to collect monies from their past due accounts without authorization, and withheld and misappropriated their funds.

As a result, the plaintiffs have been injured in their ability to borrow and enter into new business ventures, have suffered damage to their professional reputations, and are now guarantors for millions of dollars in fraudulent lines of credit.

For each of the five counts against the defendants, including fraud, negligence and negligent hiring, the plaintiffs seek judgment in an amount in excess of $50,000. They are represented by Grey Chatham Jr. of Chatham & Baricevic in Belleville.

St. Clair County Circuit Court case number 16-L-66

ORGANIZATIONS IN THIS STORY

More News