Gary Foster, as a vice president in Citigroup's treasury finance department, probably made more than 99% of us. He started out as a temporary employee after he immigrated to the U.S. from Jamaica.
As he was at his job, reports Bloomberg, he began transferring money from Citigroup to his own private account at JPMorgan Chase. Eventually that totaled $23 million. He spent it on luxury sport cars and real estate.
In "U.S. v Foster," he agreed to a guilty plea for bank fraud and has been sentenced to 97 months in federal prison. Again we wonder was this tragedy just another case of the hunger for more. And/or did the guy also have a loose screw. According to accounts about convicted Ponzi schemer Bernie Madoff, when he was younger he felt less-than. Does a chip on one's shoulder wind up as a weapon against society?
Great article ...Thanks for your great information, the contents are quiet interesting. I will be waiting for your next post.
Posted by: commodity tips | November 19, 2012 at 10:49 PM
I think we are the one who have nothing to do it before assignment "All message picture can be branded to your site and can host a sponsored advertisement."
Posted by: 中古車査定 | November 14, 2012 at 02:45 AM