GFO Properties LLC and Gene O'Donnell filed the suit March 22 in St. Clair County Circuit Court against Scott Credit Union and Theodore Longust.
Defendant Longust worked at defendant Scott from Nov. 7, 2005 to Dec. 8, 2014 with the title Business Relationship Manager, the suit says.
Contrary to the Illinois Credit Union Act, the suit claims, the defendants committed the following allegedly deceptive acts: removed currency from plaintiffs' accounts without authorization, opened lines of credit in plaintiffs' names without authorization, attempted to collect monies from plaintiffs' past due accounts, knowingly withheld and misappropriated plaintiffs' funds, and knowingly deceived plaintiffs about their accounts.
The plaintiffs have suffered damage to their professional reputations and can no longer enter in new business ventures, according to the complaint. They also are guarantors for millions of dollars in fraudulent lines of credit that are in arrears, the suit alleges.
The plaintiffs seek judgment in their favor in excess of $50,000 for each of the five counts against the defendants and for court costs. They are represented by Grey Chatham Jr. of Chatham & Baricevic in Belleville
.
St. Clair County Circuit Court case number 16-L-158
