CLEVELAND—Former Taupa Lithuanian Credit Union teller Michael Ruksenas pleaded guilty Dec. 2 in U.S. District Court to conspiring to embezzle more than $481,000 from the failed credit union.
As part of a plea deal, Ruksenas has agreed to cooperate with and testify for federal prosecutors who indicated the hearing that more people are expected to face charges in the massive fraud case.
Ruksenas, 33, conspired with the former president/CEO of Taupa Lithuanian CU, Alex Spirikaitis, and "others known or unknown," according to court documents.
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