Ohio man receives nine-year sentence, ordered to pay nearly $3M in restitution.
A federal jury in U.S. District Court in Cleveland has convicted a 41-year-old Ohio man in the $70 million fraud case that led to the collapse of the St. Paul Croatian Federal Credit Union.
Svetislav Vujovic is convicted on 13 counts for his role in a fraud scheme that cost the NCUSIF $186M.
Suit names Svetislav Vujovic and his wife as defendants in the multi-million dollar fraud case.
Svetislav Vujovic pleaded not guilty to charges of bank fraud, money laundering and bribery in U.S. District Court in Cleveland on Friday.