Citigroup settles US fraud case - BBC News

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEnLoXYizzSJ-fqx313KKpk92mO2wamp;url=http://www.proactiveinvestors.com/companies/news/19886/citigroup-pays-285-mln-to-settle-secs-derivatives-fraud-claims-19886.htmlimg src=http://nt2.ggpht.com/news/tbn/mhFsXBD0pWZDXM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Proactive Investors USA Canada/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHB5sJFlYbXa8ijBohdW-lAGgrM_gamp;url=http://www.bbc.co.uk/go/rss/int/news/-/news/business-15375111bCitigroup settles US bfraud/b case/b/abr /font size=-1bfont color=#6f6f6fBBC News/font/b/fontbr /font size=-1Citigroup is paying $285m (£180m) to settle civil bfraud/b charges from the Securities and Exchange Commission. The SEC said that Citigroup misled investors when it invited them to invest in a product based on US mortgage debt. It said that Citigroup did b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGljBWfA_R2ez_543vFih RuHwuflQamp;url=http://www.google.com/hostednews/ap/article/ALeqM5j0uQ43G0YU8G7Ub9_K31jmTKZnaQ?docId%3D71445dc d6ec545298f1e379d646c14f5Citigroup paying $285M to settle SEC bfraud/b charges/alink rel=syndication-source href=www.ap.org/71445dcd6ec545298f1e379d646c14f5 /font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEZt7UIr5u4kLTSNNf1iH CUKnpECwamp;url=http://www.businessweek.com/news/2011-10-19/citigroup-to-pay-285-million-over-sec-s-cdo-fraud-claims.htmlCitigroup to Pay $285 Million Over SEC#39;s CDO bFraud/b Claims/afont size=-1 color=#6f6f6fnobrBusinessWeek/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEIONhnUviJFlh_tGFB2e gQWVtw0wamp;url=http://www.reuters.com/article/2011/10/19/citigroup-sec-idUSN1E79I12520111019Citigroup to pay $285 mln in CDO civil bfraud/b case/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG8mRykQ09fOK95mH6qyH-2r4IHEwamp;url=http://www.globalpost.com/dispatch/news/regions/americas/united-states/111019/citigroup-pay-285m-fraud-settlementnobrGlobalPost/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEnLoXYizzSJ-fqx313KKpk92mO2wamp;url=http://www.proactiveinvestors.com/companies/news/19886/citigroup-pays-285-mln-to-settle-secs-derivatives-fraud-claims-19886.htmlnobrProactive Investors USA Canada/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHOr8TMc6z8RIilQeMtaY sPw18hMgamp;url=http://www.radionz.co.nz/news/business/88784/sec-fraud-charges-settled-by-citigroupnobrRadio New Zealand/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dMKbdA-sG0hjUOMtwHXQCvbw_qI4Mnobrball 500 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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