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Boeing Helicopters CU Exec Charged in $2.5 million Phony Membership Scheme

SEP 4, 2008 10:48pm ET

PHILADELPHIA – A former executive vice president at Boeing Helicopters CU, in nearby Ridley Park, and his brother, yesterday were indicted by a federal grand jury on charges they collected more than $105,000 in kickbacks for approving $2.5 million in signature loans, many of them from ineligible members.

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