In-depth

Analysis, interviews, roundtables, reports and more on the topics that matter to you.

Perspective
15 April 2014

Citi announces second Mexican receivables-backed fraud

Region:
Americas
Citi has announced a second suspected fraud within the Mexican unit of its transaction banking operation. This follows hot on the heels of the $400 million Oceanografia fraud, which saw the bank having to revise down yearly earnings.

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