Bloomberg News

Ex-Citigroup Executive Foster Pleads Guilty to Bank Fraud

By Thom Weidlich
September 06, 2011

Sept. 6 (Bloomberg) -- Gary Foster, a former Citigroup Inc. vice president accused of embezzling $22.9 million from the bank, pleaded guilty to one count of bank fraud in federal court in Brooklyn, New York.

To contact the reporter on this story: Thom Weidlich in New York at tweidlich@bloomberg.net

To contact the editor responsible for this story: Mary Romano at mromano6@bloomberg.net

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