Citigroup Unit To Shell Out $1M Over Disability Scam
The National Association of Securities Dealers revealed the purported scheme on Thursday, labeling the scandal “a widespread failure” on the part of Citigroup.
After revealing the brokers’ misconduct, the head of the securities regulator blasted the investment giant for its inability to detect the nefarious plot.
“Firms are obligated to be alert for supervisory 'red flags' and address systemic...
To view the full article, register now.