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.
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.
The NCUA announced last week at its monthly board meeting that credit unions’ assessment for the Temporary Corporate Credit Union Stabilization Fund would be a mere eight basis points. The total bill for credit unions comes to $701 million, or approximately $100,000 on average per credit union, for 2013. It’s...
The Cleveland FBI office is stepping up efforts in its search for the former Taupa Lithuanian Credit Union CEO Alex Spirikaitis, releasing a new photo of him without his goatee.
It has an endless supply of funding: your credit union’s money.
Feds step up efforts to find CEO charged with embezzling in the failure of Taupa Lithuanian Credit Union in Cleveland.
As of July 18, former Taupa Lithuanian Credit Union CEO Alex Spirikaitis was still at large after a police came up empty after standoff at his suburban Cleveland home. Authorities turned to the public, asking for assistance in his capture.
It’s official. Richard Cordray is the director of the CFPB.