Bethpage FCU Member Charged in $60,000 Kiting Scheme

FREEPORT, N.Y. – A Bethpage FCU member last week was charged with using false information to open accounts electronically, then using the accounts to steal $60,000.

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Osman Ilgaz, 50, obtained a $30,000 loan, then paid off the loan with fraudulent checks from another financial institution, police said. He later withdrew an additional $30,000 before those checks were returned for insufficient funds.

The credit union lost $60,000 as a result of the transactions, which occurred April 18.


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