Mount Pleasant Police: Man Arrested After Using Fake Identity to Take Out Loan For $18k

MOUNT PLEASANT - The Mount Pleasant Police Department was contacted by the security Department of Educator's Credit Union regarding a suspicious loan application they received online.  The application amount totaled $18,000.

According to police, It was determined that the suspect used a social security number belonging to an unidentified victim from the State of Iowa. Additionally, the suspect possessed various fictitious documents to substantiate the loan application. 

On April 14th, shortly after 3:30 pm, officers from Mount Pleasant arrested the suspect, Kody Jack, 28-years-old from Chicago, at the Educator's Credit Union on Newman Road while he was attempting to finalize the loan application in person. The vehicle Jack drove to this meeting was stolen out of Milwaukee.

Jack was turned over to the Racine County Jail where he is facing charges of Identity Theft, Wire Fraud, Operating Vehicle Without owner's Consent, Fraud Against a Financial Institution, and Obstructing an Officer.