A Brunswick, Ohio, man will face charges of bank fraud, moneylaundering and bribery in U.S. District Court in Cleveland in the$70 million fraud case that led to the collapse of the St. Paul Croatian Federal Credit Union in 2010.
Svetislav Vujovic is scheduled to be arraigned Friday beforeU.S. District Judge Greg White to face charges that he fraudulentlyobtained more than 35 loans over four years totaling $2.2 million,according to court records.
An indictment also alleged that Vujovic gave $20,000 in cashpayments to Anthony Raguz, the former CEO/president of SPCFCU, whowas sentenced to 14 years in federal prison in November for hiscentral role that led to one of the largest fraud cases in U.S.credit union history.
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