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A federal judge sentenced an Ohio man to two years in prison last week for embezzling more than $436,000 from Taupa Lithuanian Credit Union.

On Sept. 9, U.S. District Judge James S. Gwin in Cleveland ordered Andrew Belzinskas, 45, of Lyndhurst, to pay $436,026 in restitution. Gwin also placed him on three years of supervised release after serving his federal prison term.

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Belzinskas is the seventh and the last person to be convicted and sentenced in the $15 million fraud case that involved six others, including the former president/CEO, and led to the insolvency of the Cleveland cooperative in July 2013.

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Peter Strozniak

 

Credit Union Times

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