Taupa Lithuanian CEO given until Jan. 19 for pre-indictment talks with federal prosecutors.
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.
Monday hearing set for suspect No. 2 in Cleveland CU collapse as court documents reveal cooperation, details of long-running fraud.
Former teller accused of embezzling $480,000 while working for CEO Alex Spirikaitis.
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.
Documents now show Taupa Lithuanian FCU case may be one of the largest known thefts from a credit union.