I had this after upgrading to wily four days ago. I get the error
message as above for Johnny Rogers, but then the system hangs and will
go no further... my workaround is to boot up in recovery mode which
gives asks for my password then gives this message (about 20 times):

 remove ioctl on sda5_crypt failed: device or resource busy

 Then it lets me then boot up as usual.

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https://bugs.launchpad.net/bugs/1481536

Title:
  "cryptsetup: unknown fstype, bad password or options?" error unlocking
  / decrypting LUKS volume at boot

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