Stock Update (NYSE:C): Citigroup faces criminal probe for fraud at Mexico unit -source

[Reuters] – Federal authorities have opened a criminal investigation into a $400 million fraud involving Citigroup’s Mexican unit, according to a person familiar with the matter. Citigroup disclosed in February it had discovered . . . → Read More: Stock Update (NYSE:C): Citigroup faces criminal probe for fraud at Mexico unit -source Similar Articles: Market Update (NYSE:C): Mexico Senate creates commission to probe Oceanografia case Citigroup Inc (NYSE:C) – Citigroup unit to pay $1.1 mln to settle short-selling case Company Update: Bank of America Corporation (NYSE:BAC) – Italian police seize $20 mln at Merrill Lynch in fraud probe