A former teller has been charged in a $480,000 embezzlement conspiracy that allegedly contributed to the collapse of the $23.6 million Taupa Lithuanian Credit Union in July, federal prosecutors in Cleveland said Wednesday.

Michael Ruksenas, 33, of Naples, Fla., was charged with one count of conspiracy to commit theft or embezzlement from a credit union, according to a joint statement released Wednesday by U.S. Attorney for the Northern District of Ohio Steven M. Dettelbach and FBI Special Agent in Charge Stephen D. Anthony, both in Cleveland.

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Credit Union Times

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