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Former St. Paul Croatian FCU President/CEO Anthony Raguz, whose actions helped trigger one of the largest credit union failures in history, pleaded guilty to six counts, including bank fraud, money laundering and bank bribery in federal court in Cleveland.

Raguz, one of 16 people charged by federal prosecutors in connection with last year’s collapse of the credit union, issued more than 1,000 fraudulent loans totaling more than $70 million to over 300 account holders at St. Paul from 2000 to April 2010.

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