NCUA has filed a civil lawsuit that seeks a $6.9 million judgment against Svetislav Vujovic of Brunswick, Ohio, who also has been indicted for allegedly embezzling more than $2.3 million in the $70 million fraud cased that led to the collapse of the St. Paul Croatian Federal Credit Union in 2010.
Filed Nov. 11 in U.S. District Court in Cleveland, the suit also names Vujovic's wife, Rada, as a defendant, but she has not been charged with any crimes.
NCUA is seeking a monetary judgment against the Vujovics that amounts to "three times the value of the funds that were unlawfully converted (in excess of $2.3 million) by the defendants," according to the lawsuit.
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