Citigroup paying $285M to settle SEC fraud charges - Wall Street Journal

[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=AFQjCNHB5sJFlYbXa8ijBohdW-lAGgrM_gamp;url=http://www.bbc.co.uk/go/rss/int/news/-/news/business-15375111img src=http://nt3.ggpht.com/news/tbn/B-XcFZtqHHVcbM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2BBC News/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=AFQjCNHiLAj0V9bl6x_1fzWM3f TGN3pD9Aamp;url=http://online.wsj.com/article/AP71445dcd6ec545298f1e379d646c14f5.htmlbCitigroup paying $285M to settle SEC bfraud/b charges/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal/font/b/fontbr /font size=-1AP WASHINGTON — Citigroup has agreed to pay $285 million to settle civil bfraud/b charges that it misled buyers of a complex mortgage investment just as the housing market was starting to collapse. The Securities and Exchange Commission said Wednesday b.../b/fontbr /font size=-1a 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-15375111Citigroup settles US bfraud/b case/afont size=-1 color=#6f6f6fnobrBBC News/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEcEN2MjoDOLOwDhlvA0t _0m578pAamp;url=http://blogs.ajc.com/jay-bookman-blog/2011/10/19/citigroup-agrees-to-285-million-civil-fraud-penalty/Citigroup agrees to $285 million civil bfraud/b penalty/afont size=-1 color=#6f6f6fnobrAtlanta Journal Constitution (blog)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dW1F3Ej7cVNZGyM5UGt-kTZECccxMnobrball 489 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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