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Saturday, June 30, 2012

Citi- A VP who gets 8 years

Ex-Citigroup VP gets eight years for stealing $22 million - Business - US business - msnbc.com: "Gary Foster, 35, pleaded guilty in September to siphoning the money from his employer between 2003 and 2010, transferring the funds to Citigroup's cash account before wiring it into his own personal account at a different bank.
He was sentenced by U.S. District Judge Eric Vitaliano in Brooklyn federal court to 97 months on the bank fraud charge.
An attorney for Foster was not immediately available for comment. A spokesman for Citigroup declined comment."

'via Blog this'

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