Alan Kaufman, the former CEO of the troubled Melrose Credit Union, has been indicted by a federal grand jury in New York City on charges of accepting bribes from a taxi medallion broker who was a member of the credit union.

Kaufman, whose family founded the credit union, was charged with accepting free housing and financing for the purchase of his personal residence from businessman Tony Georgiton, owner of a taxi medallion brokerage company, who also was indicted in the U.S. District Court for the Southern District of New York. The indictment was unsealed on Thursday.