Tuesday, June 28, 2011

Globe Court Report: VP Inside Job

"Ex-Citigroup VP faces fraud charges" by Associated Press / June 28, 2011

NEW YORK — A former Citigroup vice president embezzled $19.2 million from the bank in a one-man “inside job’’ involving a series of secret money transfers, federal prosecutors said yesterday....

Foster “used his knowledge of bank operations to commit the ultimate inside job,’’ US Attorney Loretta Lynch said.

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And you thought I was talking about  Dick Cheney and 9/11.