In 2011, an NCUA examiner-in-charge reviewed a 2010 state examination of the $23.6 million Taupa Lithuanian Credit Union and said it sounded all too familiar.
The material loss report on the failed Taupa Lithuanian Credit Union reveals red flags back in 2010. The failure cost the NCUSIF $33.5 million.
Member charged with stealing $3.7 million using bribes and kickbacks to score fake business loans.
Defendant Sato Satka bribed former President/CEO Anthony Raguz with $90,000 cash in a brown paper bag.
Suit names Svetislav Vujovic and his wife as defendants in the multi-million dollar fraud case.
Cleveland judge says agency justified in denying an additional $250,000 in deposit insurance to church that lost funds in fraud case, collapse.
Latest term is for 3.5 years.
A March 11 trial date has been set for Gezim Selgjekaj of Avon Lake, Ohio, who pleaded not guilty to a 28-count indictment on Jan. 17 that accused him of illegally receiving more than $11 million in the $70 million St. Paul Croatian Federal Credit Union fraud case.
A. Eddy Zai also ordered to pay $23 million in restitution to NCUA.
Bujar Sejdic gets two years in federal prison, ordered to pay $1.6 million in restitution in Cleveland fraud conviction.