An NCUA Office of Inspector General review finds questionable transactions on cards issued for travel purposes.
The Temporary Corporate Credit Union Stabilization Fund receives sixth consecutive clean audit opinion.
The NCUA board-managed stabilization fund reaches a first-ever positive net position.
Inspector General report finds controls associated with securing personal mobile devices did not provide adequate protections.
CLEVELAND — Alex R. Spirikaitis, the central figure of the $15 million fraud scheme that led to the collapse of the Taupa Lithuanian Credit Union, was sentenced to 130 months in federal prison Dec. 1 by U.S. District Court James S. Gwin in Cleveland.
CLEVELAND — Taupa Lithuanian CEO sentenced to prison. New details emerge about weapons cache.
Ohio bookkeeper receives 21-month sentence for embezzling $1M from failed credit union.
Ohio business owner admits to embezzling $2.3 million from failed cooperative.
Latest charges allege Ohio men embezzled $1.9 million that led to the credit union’s collapse.
New charges from federal prosecutors include conspiracy to commit bank fraud, money laundering and making false statements.