John Struna, 51, of Concord Township, Ohio, has been hit with a seven-count federal indictment for his alleged role in defrauding Taupa Lithuanian Credit Union out of $2.3 million.
The charges against Struna include 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.
According to the indictment, Struna engaged in a fraudulent scheme with a corrupt executive at the credit union, resulting in approximately 46 fraudulent transfers into his accounts. He is accused of willfully overdrawing his accounts to amass the massive sum without providing any credit applications or loan documents.
The National Credit Union Administration and the Ohio Department of Commerce took control of Taupa last year after its insolvency due to its financial deficit. Struna maintained both personal and corporate accounts with the credit union since 1995, beginning his conspiracy with CEO Alex Spirikaitis in 2002.
Struna has faced previous charges related to the fraud at Taupa, as Spirikaitis, former teller Michael Ruksenas, and Vytas Apanavicius have all been found guilty for their roles in the conspiracy. The indictment also seeks to forfeit a 2014 Jeep Wrangler Unlimited, a 2014 Mazda 6, and the stolen funds.
Assistant United States Attorney Robert J. Patton and Special Assistant United States Attorney Derek Kleinmann are prosecuting the case, which was investigated by the Federal Bureau of Investigation and the Internal Revenue Service. If convicted, Struna could face significant time in prison based on the Federal Sentencing Guidelines.
RELATED: Concord Man Accused of Defrauding Credit Union for $2.5M
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Key Facts
- State: Ohio
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption|White Collar Crime
- Source: Official Source ↗
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