TITLE

CEO Pleads Guilty To Scheme That Caused Costliest Ever CU Failure

PUB. DATE
October 2011
SOURCE
Credit Union Journal;10/3/2011, Vol. 15 Issue 38, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that St. Paul Croatian Federal Credit Union (FCU) chief executive officer (CEO) Anthony Raguz has pleaded guilty for orchestrating a loan scheme that sunk the one-time 240-million dollars credit union at a cost of 170 million dollars to the insurance fund.
ACCESSION #
66680293

 

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