Citigroup pays $158M to settle mortgage fraud - BusinessWeek

[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=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=AFQjCNFTjnPRzqdzlw0x8l9m7d 2uAZBifAamp;url=http://www.businessweek.com/ap/financialnews/D9SU1UDG0.htmbCitigroup pays $158M to settle mortgage bfraud/b/b/abr /font size=-1bfont color=#6f6f6fBusinessWeek/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. Wednesday#39;s payments are in addition to the $1.8 billion Citigroup has to pay in b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFaZhNEbbk_PjTWrLLLA8 jyFlLmfQamp;url=http://www.insurancejournal.com/news/east/2012/02/16/235647.htmCitigroup to Pay $158M in Whistleblower bFraud/b Claim Over Insurance for Mortgages/afont size=-1 color=#6f6f6fnobrInsurance Journal/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEtuy3aC8GmOt8dbHSyjY-oyDzyNgamp;url=http://whtc.com/news/articles/2012/feb/15/citigroup-to-pay-1583-million-in-mortgage-accord/Citigroup pays $158 million in mortgage bfraud/b pact/afont size=-1 color=#6f6f6fnobrWHTC/nobr/font/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=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFAShDFdMJOncajh_rKEt UFkRQ0xwamp;url=http://www.mortgageorb.com/e107_plugins/content/content.php?content.10947nobrMortgageorb/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d7YHpURKELGw6uMouo9X kLTqkN3pMnobrball 282 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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