Two kitchens, five-and-a-half baths, indoor pool all part of million-dollar Cleveland home seized as search for Alex Spirikaitis continues.
Donna Harabin pleads guilty to concealing delinquencies at former $20 million credit union in Elmira, N.Y.
A former assistant accountant for the $60 million WesTex Federal Credit Union in Lubbock, Texas, will spend 37 months behind bars and pay restitution of $690,000 for embezzling an estimated $500,000 from a branch of the credit union.
Two of three scheme participants sentenced so far for $61,000 inside job at Valley Credit Union in Tuscumbia, Ala.
The former board president of the $23.6 million Taupa Lithuanian Credit Union disputed statements made by another former board member to Credit Union Times, and provided new details about the failed credit union’s governance.
Taupa Lithuanian board president says fugitive CEO did not dupe board members, who received clean reports from auditors and examiners.
Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
Brian Zimmerman looted the vault at his now-defunct LEBCO Educators FCU, prosecutors said, and faces up to 10 years.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
Missing Cleveland credit union CEO used fake documents to hide fraudulent payments for home now being seized.