Citigroup Pays $285M to Settle Fraud Charges

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Published on Oct 19, 2011 by

Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse. (Oct. 19)

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  • Banks get to buy their way out, while normal people go to prison.

  • fucking banks

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  • @Leonnidik hey whats ur take on many Banks charging some money without the account holder's knowledge?I always get pissed when I see my monthly statements and those scheming sobs take away some of our hard earned money every month.

  • Citibank is now offically ShittyBank.

  • SPEAKING OF MONEY SOMEONE ON THIS PAGE IS SMART ENOUGH TO WATCH MY VIDEO RESPONSE TO THIS PLEASE CHAT WITH ME IM SERIOUS ABOUT THIS BUSINESS I HAVE DECIDED TO GO FULL TIME WITH THIS YOU MUST LOOK AT THE PAYOUTS AND CHAT WITH ME I AM A REAL PERSON I NORMALLY DON'T DO THIS BUT THE LAST FEW DAYS HAVE BEEN TRYING TO SHOW THIS TO PEOPLE PLEASE WATCH THE VIDEO RESPONSE AND CHAT WITH ME I GOT MY FIRST SIGNUP JUST MINUTES AFTER I PAID MY 9 BUCKS IT WORKS! U CAN ALSO SIGN UP UNTIL U CAN PAY THE 9 BUCKS!

  • CLOSE your accts with Citi, Chase, and particularly HSBC and others, you know who they are. Open an acct. with your Union Bank, if there isn't one OPEN one with the membership.

  • bail out money at work! Start arresting scamers now, do your jobs, protect the people! Justice Now!

  • Capitalism is organized crime. Wait until the 99% figure out that 99% of the 1% are Jewish banking families. Just like the mafia, only they have all the governments of the Western world in their pockets. The countries that are not in Jewish pockets are targeted for total destruction by U.S. and NATO bombing, staged revolutions and their favorite weapon of choice, starvation. Next will be Jane Harman’s Home Grown Terrorist, perfect cover for them to arrest, detain and disappear all the Gentiles.

  • They scam BILLIONS and settle for $285 million? So they make $750 million profit ripping people off? I bet this is just the tip of the iceberg. On top of all these scams they get us to foot the bills and then they get million dollar bonuses. No one to stop them, no prison time, hell if some guy steals some hamburger from the grocery store he'll get time. This country is so fucked up and stupid Americans let them get away with it. The crooks are in charge.

  • The fucking usa is so corrupt,i can't believe it! What a bunch of pieces of shit in the government as well! The usa citizens should lynch the corrupt and straighten out their country already,nevermind listening to the lying criminal government!

  • @Mojo3192

    on top of that they buy their way out for your cash :D perfect system in a perfect world

  • The stole more than $285 million.

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