Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

Posted by admin on August 4, 2008 under News | Be the First to Comment

Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

Pedestrians walk past a Citibank branch in San Francisco, California June 23, 2008. (Robert Galbraith/Reuters)Reuters – New York Attorney General Andrew Cuomo plans to imminently charge Citigroup Inc , accusing it of fraudulently marketing and selling auction-rate securities, and destroying documents that had been subpoenaed.


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