News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron General

Area Agency on Aging 10B, Inc.


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Ohio


FBI man hunt continues for NE Ohio credit union chief
Other noon news: Cleveland suburb merger stalls, Portman support Cordray, National Games and the heat
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
The FBI is searching for Alex Spirikaitis, the head of Taupa Lithuanian Credit Union, which authorities shut down.
Courtesy of FBI
Download (WKSU Only)
In The Region:
  • Cleveland suburb merger talks stall
  • Credit union CEO on the lam
  • Portman says he supported Cordray with caveats 
  • National Senior Games get set 
  • More heat in NE Ohio
  • Cleveland suburb merger talks stall
    The planned merger of four east-side Cleveland suburbs has been set aside for now. According to the Plain Dealer, talks of Moreland Hills, Orange, Pepper Pike and Woodmere have turned to a study of ways to share services while staying separate communities. Mayors of the four towns  announced two years ago that they were studying a merger that would help their communities cut costs and duplication. At the time, Cuyahoga County Executive Ed FitzGerald said it could be a model for a county that now has nearly 60 different municipalities.

    Credit union CEO on the lam
    The hunt continues for the CEO of Northeast Ohio credit union that state officials shut down this week. For Ohio Public Radio, Ideastream’s Brian Bull reports that authorities are looking for leads following a standoff at the executive’s home in Solon.

    BULL on credit union hunt
    Other options:
    Windows Media / MP3 Download
    (0:55)

    Alex Spirikaitis is the CEO of the now-shuttered Taupa Lithuanian Credit Union, which had more than 1,100 members and assets of nearly $24 million. 

    On Monday, the Department of Commerce announced it had ordered the credit union shut down. Vickie Anderson of the FBI’s Cleveland office says a federal warrant was issued for Spirkiaiti’s arrest shortly after.

     “The actual charge on the arrest warrant is false credit institution entries, which kind of falls under the `embezzlement’ category.”

    Solon Police and the FBI surrounded Spirikaitis’ house Tuesday night, but when they finally entered late Wednesday morning, they found he wasn’t there. 

    The FBI has offered a cash reward for information leading to Spirkaitis’ arrest. He’s described as 5-foot-11, 225 pounds, with green eyes, a bald head and possibly a goatee.  Anderson says while he’s not believed to be armed. But “we’re not asking you to approach him, we’re just asking that if you happen to see him or if you have any information indicating his whereabouts, to please call that information in. They can provide that information anonymously, if they so desire.”

    As for customers of the Taupa Lithuanian Credit Union, a State Commerce Department spokesman says member deposits are insured up to $250,000. 

    Portman says he supported Cordray with caveats 
    U.S. Sen. Rob Portman says he thinks former Ohio Attorney General Rich Cordray got the vote he deserved in the Senate this week to head the Consumer Financial Protection Bureau, but that doesn’t mean he’s happy with the agency.

    LISTEN: Portman on Cordray concerns
    Other options:
    Windows Media / MP3 Download
    (0:23)
    “At the end of the day, there are deep concerns about CFPB. And those continue. People believe on our side of the aisle particularly and I think it’s fair to say that a lot in the private sector believe this, that it has tremendous impact on our lives and all financial transactions that are consumer oriented without the normal accountability that you would get.”

    Portman is introducing a bill to establish a separate inspector general to oversee the financial protection bureau. He was one of the Republicans who initially vowed to block any appointment to head the bureau unless changes were made in its structure. But he backed off earlier this year and says he was trying to broker a deal to confirm Cordray’s appointment while changing agency rules. That fell apart when Democrats threatened to change Senate filibuster rules.

    National Senior Games get set 
    The National Senior Games begin in Cleveland tomorrow, with some 11,000 athletes age 50 and up competing in 19 events. Some roads have been closed and Greater Cleveland RTA has set up additional bus and trolley routes to handle the crush of athletes and spectators.

    More heat in NE Ohio
    A heat advisory continues through 8 tonight  as Northeast Ohio struggles with at least two more days of temperatures in the 90s. Highs todays are expected to be in the low 90s under mostly sunny skies. Tonight, we'll drop to the mid 70s.

    Add Your Comment
    Name:

    Location:

    E-mail: (not published, only used to contact you about your comment)


    Comments:




     
    Page Options

    Print this page

    E-Mail this page / Send mp3

    Share on Facebook





    Stories with Recent Comments

    Ohio's new drilling rules rely on known earthquake faults
    requiring drillers to place seismic monitors when they drill within 3 miles of known fault lines. This comment really upsets me!! What good does an instrument t...

    Kasich's gubernatorial ad focuses on his blue-collar roots
    John Kasich is the biggest con-man in America. He will say one thing and then do the opposite. He is terribly successful at fooling the public and he is worki...

    Cab drivers who refuse to drive Gay Games taxis will be replaced
    the irony is that most americans distrust or hate muslims much more than they hate gays!! silly ignorant bigots-GO HOME!!!

    New transportation companies come to Cleveland
    Ride-sharing companies are breaking laws and regulations every day. From regulatory fee evasion to use of smartphone while driving (and even two smartphones(!) ...

    Cleveland anti-poverty agency executive resigns amid financial probe
    That committee won't be too independent. He plans to stay on until after the new appointee is chosen.

    How can you wipe a criminal record clean?
    Great article! NO CLINIC in May 2014, however, because it's graduation month for students For the next dates of the FREE Legal Clinic to help with Expungment,...

    Drilling remains suspended while ODNR investigates NE Ohio earthquakes
    Flaring and lights, so has all been halted? Also, smell of HS2 and sounds of an auger/drilling/water rushing underground. So, has all been halted? In light of t...

    Will the Ohio River carry fracking wastewater?
    Texas $ vs. WV citizens . Who will our governor listen to?

    McKinley museum launches campaign to buy 'pawned' heirloom
    Was the tiara sold or pawned? What is the name of the person who brought the tiara to the Gold

    Copyright © 2014 WKSU Public Radio, All Rights Reserved.

     
    In Partnership With:

    NPR PRI Kent State University

    listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University