Ohio man charged in alleged $1M credit union fraud

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CLEVELAND (AP) — A former outside bookkeeper for a failed
credit union in Cleveland has been charged with a nearly $1 million
fraud.
Federal officials announced the filing Friday of a single
count of conspiracy against 44-year-old Vytas Apanavicius (VEE’-tahs
ah-pan-ah-VIH’-shuhs) of Mentor.
Defense attorney Michael Hennenberg says his client intends to accept responsibility and plead guilty.

The
outside bookkeeper for the Taupa Lithuanian Credit Union allegedly
looted money with the help of a former CEO of the financial institution.
The ex-CEO and two other men were charged earlier.
The
National Credit Union Administration and the state of Ohio took over
the credit union in July and placed it in receivership. It had about
1,150 members and assets of $24 million.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
CLEVELAND (AP) — A former outside bookkeeper for a failed
credit union in Cleveland has been charged with a nearly $1 million
fraud.
Federal officials announced the filing Friday of a single
count of conspiracy against 44-year-old Vytas Apanavicius (VEE’-tahs
ah-pan-ah-VIH’-shuhs) of Mentor.
Defense attorney Michael Hennenberg says his client intends to accept responsibility and plead guilty.

The
outside bookkeeper for the Taupa Lithuanian Credit Union allegedly
looted money with the help of a former CEO of the financial institution.
The ex-CEO and two other men were charged earlier.
The
National Credit Union Administration and the state of Ohio took over
the credit union in July and placed it in receivership. It had about
1,150 members and assets of $24 million.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.

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