Alex Spirikaitis, former CEO of the liquidated Taupa Lithuanian Credit Union, is still a fugitive, according to law enforcement authorities.
FBI Special Agent Vicki Anderson told Credit Union Times on Friday afternoon that despite some tips from the public, Spirikaitis remains at large.
After arriving at his home Tuesday with a warrant for his arrest in connection with the failure of the $23.6 million Cleveland credit union, local police thought they were in a standoff situation with Spirikaitis.
However, when authorities entered the home the next morning, he was not there.
Anderson said the FBI is hopeful continued press coverage of Spirikaitis that includes his photo will result in his apprehension. The agency also is offering a reward for information leading to his arrest and prosecution.
The FBI agent would not provide information regarding where authorities think Spirikaitis is hiding, or if they think he's fled the country. But, Anderson did say with confidence, "We'll get him."
The Ohio Department of Financial Institutions seized Taupa Lithuanian July 12 and named the NCUA liquidating agent after determining the 1,154-member cooperative was insolvent and had no prospect for restoring viable operations.
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