Citbank fraud: Citi failed to act on scam warning signals, says probe report - Times

[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-serif/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=AFQjCNGfLKTw0ParljHKHsY6-LkGE9fJ-wamp;url=http://timesofindia.indiatimes.com/india/Citbank-fraud-Citi-failed-to-act-on-scam-warning-signals-says-probe-report/articleshow/11331313.cmsbCitbank bfraud/b: Citi failed to act on scam warning signals, says probe report/b/abr /font size=-1bfont color=#6f6f6fTimes of India/font/b/fontbr /font size=-1GURGAON/NEW DELHI: The Rs 400-crore bfraud/b unearthed in Citbank#39;s Gurgaon branch in December 2010 could have been averted if the bank staff had taken the warning signals seriously, according to an internal investigation carried out by the bank. b.../b/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=dyPmKmAqX_ra2wMnobrb/b/nobr/a/font/div/font/td/tr/table

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