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Wednesday 7 September 2011

Citigroup Inc Former vice president found guilty for embezzling more than USD 22 million

Citigroup Inc Former vice president found guilty for embezzling more than USD 22 million from the company and transferring money to his personal bank account. Gary Foster pleaded guilty to bank fraud, admitting that he took the money between 2003 and 2010 . He appeared in US district court in Brooklyn before Judge Eric Vitaliano.

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