A 28-year-old Chicago man was arrested after he tried to apply for a fraudulent loan using another person’s social security number on Friday at Educator’s Credit Union, 1400 Newman Rd.
According to a press release, officials with Educator’s Credit Union called the Mount Pleasant Police Department after they received a suspicious loan application online on Thursday. The person seeking the loan, Kody Jack, requested a loan for $18,000. However, the social security number he used on the application belonged to a person that lived in Iowa.
Jack also allegedly had several fake documents to “substantiate the loan application.”
He drove to the credit union to complete the loan process in a car that were reported stolen out of Milwaukee. But instead of getting away with the cash, detectives apprehended Jack.
The Mount Pleasant Police Department submitted charges of identity theft, wire fraud, operating vehicle without owner’s consent, fraud against a financial institution, and obstructing an officer against Jack to the Racine County District Attorney’s Office.