Ex-Citibank Secretary Gets 54 Months For $1.3M Theft

Law360, New York (July 30, 2013, 5:27 PM ET) -- A New Jersey federal judge on Tuesday handed down a 54-month prison sentence to a former Citibank Inc. secretary convicted of stealing more than $1.3 million from the onetime managing partner of Salomon Brothers but criticized the investment banker for operating in a way that opened the door to such fraud.

Karen Febles, 48, pilfered funds from 99-year-old William Salomon during the course of cashing checks for his household that were used to pay employees without proper withholdings for taxes, U.S. District Judge William J. Martini...
To view the full article, register now.