Another defendent has been sentenced to prison fordefrauding more than $3 million in a $70 million fraud case thatled to the collapse of the St. Paul Croatian Federal Credit Union in 2010.
|Aziz Ukshini was sentenced Wednesday to three and a half yearsin federal prison by U.S. District Court Judge Christopher Boyko inCleveland. Ukshini also was ordered to pay more than $3 million inrestitution to NCUA.
|More than 20 people have either been indicted or imprisoned fortheir involvement in the St. Paul Croatian FCU case, one of thelargest fraud cases in credit union history.
|Ukshini, of the Cleveland suburb of Westlake, pleaded guilty inDecember to fraud, bribery and money laundering.
|From 2003 to 2010, federal prosecutors charged Ukshinifraudulently obtained $2.8 million in loans through Anthony Raguz,SPCFCU's president/CEO, according to court records.
|Raguz is serving a 14-year prison term for making more than1,000 fraudulent loans totaling $70 million to borrowers who had nointention to repay the funds.
|Prosecutors also said Ukshini bribed Raguz with $90,000 toobtain loans and laundered $75,000.
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