CGMI and CAI

Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges

Date:

Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges
Foto: Tax Credits . Dos filiales de Citigroup pagarán 180 millones de dólares para liquidar cargos por fraude de hedge funds

Author: Fórmate a Fondo

  1. Citigroup Global Markets Inc. (CGMI) and Citigroup Alternative Investments LLC (CAI) agreed to bear all costs of distributing the $180 million in settlement funds to harmed investors
  2. The ASTA/MAT fund and the Falcon fund collectively raised nearly $3 billion in capital from approximately 4,000 investors before collapsing