TITLE

One Failure, 1,000 Questions

AUTHOR(S)
Birch, Ray
PUB. DATE
June 2011
SOURCE
Credit Union Journal;6/27/2011, Vol. 15 Issue 24, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the alleged criminal wrongdoing occurred at St. Paul Croatian Federal Credit Union (SPCFCU) in Eastlake, Ohio which may cause the National Credit Union Share Insurance Fund (NCUSIF) a potential loss of about 170 million dollars. Several individuals were indicted and arrested after SPCFCU was put into conservatorship by the National Credit Union Administration (NCUA). The people who were allegedly involved in the fraud included chief executive officer (CEO) Tony Raguz.
ACCESSION #
61991186

 

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