Citigroup ex-VP pleads guilty to embezzling $22M
Court Alerts
A former Citigroup vice president in New York City has admitted to embezzling more than $22 million from the bank for his personal use.
Gary Foster pleaded guilty to bank fraud charges in Brooklyn federal court on Tuesday.
The New York Post says that under the plea agreement, he faces up to 10 years in prison.Prosecutors say Foster also could be fined as much as $44 million.
Authorities say he used the money to buy luxury cars and homes in Manhattan, Brooklyn and New Jersey.
Foster was arrested in June. He was vice president of the treasury finance department until quitting in January.
According to court papers, Foster siphoned funds from various Citigroup accounts and wired the money into his private account at another bank.
Related listings
-
Texas voting district maps argued in court
Court Alerts 09/06/2011Attorneys for minority groups in Texas are criticizing the makeup of four new congressional seats. The state is getting the new seats because of mostly Hispanic population growth. But in opening statements Tuesday, attorneys argued that the new map i...
-
Court convicts Serb general for Balkan atrocities
Court Alerts 09/05/2011The Yugoslav war crimes tribunal sentenced the former chief of the Yugoslav army to 27 years imprisonment Tuesday for providing crucial military aid to Bosnian Serb forces responsible for the Srebrenica massacre and for a deadly four-year campaign of...
-
Court won't allow plea withdrawal in porn case
Court Alerts 09/02/2011A federal appeals court says there are several reasons John Joseph Maillet can't withdraw his guilty plea on a child pornography charge for enticing a teenager to pose with venomous snakes. For one, Maillet didn't say he was innocent. Maillet pleaded...
Is Now the Time to Really Call a Special Education Lawyer?
IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.
Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.
Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.