Four Illinois men are facing bank fraud charges in a luxury car loan scheme that defrauded four credit unions out of $914,000, according federal prosecutors in Chicago.

Precious W. House, 47, of Chicago, Brian K. Hughes, 41, of Homewood, Michael O. Turner, 44, of Richton Park and Keith B. Foster, 46, of Harvey stand accused of fraudulently securing at least 28 automobile loans from the $643 million Great Lakes Credit Union in North Chicago, the $16 billion Pentagon Federal Credit Union in Alexandria, Va., the $30 million Sherwin-Williams Employees Credit Union in South Holland, Ill., and $745 million Credit Union 1 in Rantoul, Ill.

According to the federal indictment, the men allegedly made and caused others to make false representations in documents submitted to the credit unions, including loan applications, vehicle purchase orders, verifications of employment, income and credit history. The group used the loan proceeds to purchase automobiles from House and Rolling Auto Inc., a Plymouth, Ind.-based wholesale dealership that purported to be selling the luxury cars.