NCUA faces Ponzi scheme legal battle
The NCUA is embroiled in a contentious legal battle to recover $100,000 in embezzled credit union funds invested in a $71 million Ponzi scheme.
Ohio business owner John Struna is serving a federal prison sentence of more than three years for embezzling $2.3 million from Taupa Lithuanian Credit Union from 2002 to 2013.
continue reading »