Police say the suspects are part of a large-scale credit card fraud operation that hit Target stores in the area. Officials say the suspects were under police surveillance when they made a fraudulent purchase on December 11 at the Target located in the 8600-block of South Cottage Grove.
Officials said that arrest led police to discover a credit card manufacturing operation with a large quantity of re-encoded credit cards, prepaid cards and gift cards. Police say they discovered 85 iPads worth more than $50,000 and other items, as well as a handgun and $10,000 in cash.
Jerome Taylor, 41, is charged with one count of Organizer/ Financial Crime Enterprise, a Class X Felony; and Michael Nixon, 40, is charged with one count of Continuing Financial Crime Enterprise, a Class 1 Felony. Taylor and Nixon are scheduled to appear in bond court at 26th and California on Friday.