Man Pleads Guilty to Defrauding Cleveland Credit Union of $2.3 Million

By
Education & Training with (retired) TN LIC# 290452

Concord Township Man Pleads Guilty to

Defrauding Cleveland Credit Union of $2.3

Million

U.S. Attorney’s Office November 17, 2014
  • Northern District of Ohio (216) 622-3600

A Concord Township man pleaded guilty today to defrauding Taupa Lithuanian Credit Union out of $2.3 million, law enforcement officials said.

John Struna,

52, is scheduled to be sentenced Feb. 25. He pleaded guilty to seven counts—one count of conspiracy to commit bank fraud, one count of bank fraud, one count of making false statements and four counts of money laundering.

Struna will forfeit a restaurant he owns—the Sunny Street Café in Concord Township—a condominium in Florida and a 2014 Mazda because they were purchased with proceeds of the fraud, according to court documents.

The guilty plea was announced by Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, Stephen D. Anthony, Special Agent in Charge of the Federal Bureau of Investigation’s Cleveland office, and Kathy Enstrom, Special Agent in Charge of the Internal Revenue Service—Criminal Investigations.

The National Credit Union Administration and the Ohio Department of Commerce took possession of Taupa last year and placed it into receivership due to its insolvency. Taupa, based in Cleveland, had about 1,150 members and assets of approximately $24 million, according to court records.

Credit union CEO Alex Spirikaitis, former teller Michael Ruksenas and Vytas Apanavicius have previously been found guilty for their roles in conspiracies related to defrauding the credit union.

Struna maintained both personal and corporate accounts at Taupa dating back to 1995. He began a conspiracy with Spirikaitis in 2002 and continued through 2013, during which time Spirikaitis caused Taupa to make approximately 46 fraudulent transfers into Struna’s accounts, according to court documents.

In 2011, Struna requested and received $112,105 from Spirikaitis for the purchase of a condominium located in Ft. Myers, Florida. At no time did Struna submit any credit applications or loan documents, according to court documents.

The fraudulent transfers totaled approximately $2.3 million. From 2002 through 2013, Struna repaid only approximately $15,000 of the $2.3 million Spirikaitis transferred into his accounts, according to court documents.

This case is being prosecuted by Assistant United States Attorney Robert J. Patton and Special Assistant United States Attorney Derek Kleinmann. The case was investigated by the Federal Bureau of Investigation and the Internal Revenue Service.

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David Saks



Time&Temp Memphis

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Rainmaker
1,143,971
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

No offense to Mazda but if you are dumb enough to go commit fraud you would think he would at least be driving a Ferrari or Lambo ya know???

Nov 18, 2014 06:46 AM #1
Rainmaker
1,570,224
David Saks
(retired) - Memphis, TN

Maybe the inconspicuous Mazda was cover for a suitcase full of illicit cash in the trunk, David ?

Nov 18, 2014 06:53 AM #2
Rainmaker
656,672
Bill Reddington
Re/max Southern Realty - Destin, FL
Destin Florida Real Estate

I sometimes wonder how people are stupid enough to think they won't get caught. Sure it took awhile but guess what. Guilty!

Nov 18, 2014 06:54 AM #3
Rainmaker
1,570,224
David Saks
(retired) - Memphis, TN

Thanks, Bill. Have a fine day ahead.

Nov 18, 2014 09:32 AM #4
Rainmaker
2,433,092
Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

How do these people actually think they can get away with this is beyond me.  

Nov 24, 2014 05:44 AM #5
Rainmaker
1,570,224
David Saks
(retired) - Memphis, TN

Thanks, Wayne.

Nov 24, 2014 02:09 PM #6
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David Saks

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