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.
In a much-anticipated court ruling, a Minnesota federal judge said Dec. 2 that Target Corp. had a duty to protect debit and credit card information from cyberthieves.
In August, the Hawaii Credit Union League was an active member of Hawaii's Partnership Against Fraud, a coalition designed to protect the state's citizens, particularly senior citizens, from falling victim to financial scams.
