A Brunswick, Ohio, man will face charges of bank fraud, money laundering and bribery in U.S. District Court in Cleveland in the $70 million fraud case that led to the collapse of the St. Paul Croatian Federal Credit Union in 2010.

Svetislav Vujovic is scheduled to be arraigned Friday before U.S. District Judge Greg White to face charges that he fraudulently obtained more than 35 loans over four years totaling $2.2 million, according to court records.

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Credit Union Times

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