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View Full Version : Citigroup to Pay $158 Million In Mortgage Fraud Settlement - New York Times



FraudNews
02-16-2012, 01:47 AM
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=AFQjCNENmBqGG9J4xwnGKw61AL SDgt2IRQamp;url=http://www.latimes.com/business/money/la-fi-mo-citi-settlement-20120215,0,1477531.storyimg src=//nt3.ggpht.com/news/tbn/mwjuY8oj6eBWKM/0.jpg alt= border=1 width=80 height=54 /br /font size=-2Los Angeles Times/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=AFQjCNETvWtF8DmWiO6o2tcmD2 VWRqxxxgamp;url=http://www.nytimes.com/2012/02/16/business/citigroup-to-pay-158-million-in-mortgage-fraud-settlement.htmlbCitigroup to Pay $158 Million In Mortgage bFraud/b Settlement/b/abr /font size=-1bfont color=#6f6f6fNew York Times/font/b/fontbr /font size=-1As part of the civil bfraud/b settlement, Citi accepted responsibility for failing to comply with government requirements and submitting certifications that were fraudulent. The payments are in addition to the $2.2 billion Citigroup has to pay in b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNENmBqGG9J4xwnGKw61AL SDgt2IRQamp;url=http://www.latimes.com/business/money/la-fi-mo-citi-settlement-20120215,0,1477531.storyCiti admits mortgage bfraud/b in $158-million settlement/afont size=-1 color=#6f6f6fnobrLos Angeles Times/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFEktw_WySXu3Ko0Q5XG4 8FwF4KYAamp;url=http://ibnlive.in.com/generalnewsfeed/news/citigroup-pays-158-mln-in-us-mortgage-fraud-pact/964168.htmlCitigroup pays $158 mln in US mortgage bfraud/b pact/afont size=-1 color=#6f6f6fnobrIBNLive.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE8arH5ROLanZ7NTrMx1S vdNwh_iAamp;url=http://www.forbes.com/sites/steveschaefer/2012/02/15/citi-mortgage-settles-house-money-fraud-case-for-158-million/Citi Mortgage Settles #39;House Money#39; bFraud/b Case For $158 Million/afont size=-1 color=#6f6f6fnobrForbes/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=dexAb8LEwpQl0WMwp_f-tdiFljc3Mnobrball 254 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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