Court documents say conspirators include three employees and three members of the failed Taupa Lithuanian Credit Union of Cleveland.
Three employees and three members racked up millions in insufficient funds that caused Taupa Lithuanian Credit Union insolvency.
A civil suit filed by Erie Affiliates Inc. claims that Julie A. Spirikaitis — wife of Alex R. Spirikaitis, former president/CEO of the shuttered Taupa Lithuanian Credit Union — was “complicit in the scheme to defraud” the Ohio general contractor out of $505,985.
NCUA seeks dismissal of Erie Affiliates Inc. claim, saying suit would hinder Cleveland credit union's liquidation.
About $10 million to $16 million may have been embezzled from the Taupa Lithuanian Credit Union in Cleveland, which would make it one of the largest credit union fraud cases ever.
Weapons caches, "sinful things", loan participation ripoffs and the last of the feminist-chartered credit unions.
Some proceeds from sale of Cleveland-area home of ex-Taupa Lithuanian CEO would got to NCUA.
Alex R. Spirikaitis and his lawyer have been given more time to conduct pre-indictment negotiations with federal prosecutors over Spirikaitis’ role in a massive fraud case that led to the collapse of the $23.6 million Taupa Lithuanian Credit Union in Cleveland.
Ex-fugitive CEO gets extra month to negotiate before indictments in Taupa Lithuanian case.
Authorities finally captured former Taupa Lithuanian President/CEO Alex R. Spirikaitis Oct. 21, who had been a fugitive since July until he was nabbed by federal agents while walking on a sidewalk on Cleveland’s east side.