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View Full Version : Citigroup pays $158 million in mortgage fraud pact - Reuters



FraudNews
02-17-2012, 05:48 PM
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=AFQjCNFv26NOhQ5FRjo80gLO3u DAEEriugamp;url=http://www.moneycontrol.com/news/world-news/citigroup-whistleblower-i-have-no-regrets_669699.htmlimg src=//nt2.ggpht.com/news/tbn/TiiZhuCLWpNtNM/0.jpg alt= border=1 width=80 height=49 /br /font size=-2Moneycontrol.com/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=AFQjCNFWCaWyW4rMG-kTnWrJufWHhrWxnAamp;url=http://www.reuters.com/article/2012/02/17/us-citigroup-settlement-idUSTRE81E1UW20120217bCitigroup pays $158 million in mortgage bfraud/b pact/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1The civil bfraud/b case is part of a crackdown by the Department of Justice against lenders it believes contributed to the housing crisis by originating risky home loans that should not have been made, insured or sold. Whistleblowers can receive up to 25 b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEKKMQlPRAs13bscasg9P xczss60Aamp;url=http://www.propertycasualty360.com/2012/02/17/citigroup-enters-158m-mortgage-fraud-settlement-wi?t%3DlitigationCitigroup Enters $158M Mortgage bFraud/b Settlement with US/afont size=-1 color=#6f6f6fnobrPropertyCasualty360/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFYv7uF6x17zmDtQCpdRo s79Mx7PQamp;url=http://realtybiznews.com/citigroup-hit-with-158-million-mortgage-fraud-settlement/9879582/Citigroup Hit With $158 Million Mortgage bFraud/b Settlement/afont size=-1 color=#6f6f6fnobrRealtyBizNews/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEan5NqLZI3n_s5JZah4t n1QPHDJwamp;url=http://www.ecollegetimes.com/student-life/citigroup-admits-mortgage-fraud-in-158-million-settlement-1.2702109Citigroup admits mortgage bfraud/b in $158-million settlement/afont size=-1 color=#6f6f6fnobrCollege Times/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=djtlgYL544WixKMFV235 dYft8XD4Mnobrball 331 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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