The CEO of a Shuttered Credit Union is on the Run




As of a couple days ago, Alex Spirikaitis was the CEO of the Taupa Lithuanian Credit Union on E. 185th St. in Cleveland.

On Friday, authorities closed the credit union shop with a warrant for "false credit institution entries," — aka: fraud. This might all sound familiar to the Croatian credit union debacle that's still swimming around the legal system.

But unlike that case, when the FBI showed up to serve a warrant at his home today, a standoff ensued. It was assumed Spirikaitis was inside. However, after entering the home some hours later, authorities discovered the CEO was not there at all, according to 19 Action News.

And now he's ostensibly on the run. Tips concerning his whereabouts can be directed to Cleveland division of the FBI here: 216-522-1400.

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at [email protected].

Support Local Journalism.
Join the Cleveland Scene Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Cleveland Scene Press Club for as little as $5 a month.