Ohio man charged in alleged $1M credit union fraud

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 (VY'-tahs ah-pan-an-VIH'-shuhs) of Mentor.

The charge was outlined in a court filing which usually signals a pending plea deal. A message seeking comment was left for his defense attorney.

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.

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