Former CU Business Manager Indicted for Stealing Millions

Theodore Longust, former Business Relationship Manager at the $1 billion Scott Credit Union in Illinois, has been indicted on nine counts of fraud, misapplication of funds, and money laundering involving millions of dollars. This follows on the heels of a lawsuit filed against the credit union and other parties in April by former NFL star David Butz and business partner, Eugene Schill, that claimed consumer fraud and negligence. If convicted Longust could face up to 240 years in prison and restitution of $4.5 million. [11/24/15]