CLEVELAND — An armed security guard stood behind a glass door of the credit union office in a non-descript brick building on Cleveland’s east side.
Authorities now uncertain CEO of failed Taupa Lithuanian CU was home when they attempted to arrest him on fraud charges.
Former CEO barricaded against authorities.
Cleveland credit union brags of 5-star rating on its website; Ohio DFI liquidates. NCUA numbers good.
State regulator orders Glendale credit union to replace manager, implement process improvements, controls.