Mi 8 lite global. Gary Foster toiled away as a midlevel accountant in ’s Long Island City back office, collecting around a $100,000 paycheck last year.
'419' Scam – Fake Lottery Fraud Phone Numbers (UK). ANTONIO MARIA COSTA Fund Clearance Department United Nations Headquarters Room No. 3930A One United Nations Plaza New York, NY 10017 E-mail; [email protected] E. [email protected] = Dr Prince Williams Director of Employment Visa and Resident Permit. Citibank international new york Director, foreign operations department Address: 87-11 queens boulevard, elmhurst, ny 11373 Our ref: ctbnyus/bbu From desktop of mr. Kelvin williams Director of funds clearance unit. E-mail: [email protected] Attention fund beneficiary, Payment release instruction from federal reserve bank of new york.
But federal prosecutors claim Mr. Foster gave himself a bonus fit for a star investment banker by embezzling more than $19.2 million from Citi before its auditors picked up on the scheme.
Mr. Foster, a 35-year-old former assistant vice president in Citi’s internal treasury finance department, was arrested by Federal Bureau of Investigation agents at Kennedy Airport Sunday morning after returning from a trip to Europe and Asia.
On Monday afternoon, he pleaded not guilty to charges of bank fraud at a hearing in Federal District Court in Brooklyn and was expected to be set free on $800,000 bond.
Mr. Foster, who is divorced and has two children, had been enjoying the high life. He owned six properties, including an apartment in Midtown Manhattan; two luxury apartments in Jersey City; a $1.35 million house in Tenafly, N.J.; and a $3 million home in Englewood Cliffs, N.J., that had a $500,000 entertainment system and bathroom mirrors that turned to video screens when touched, according to a law enforcement official.
Continue reading the main story
He also owned a Maserati GranTurismo and BMW 550xi. A Ferrari was on order, said the official, who was not authorized to speak about the investigation.
Mr. Foster’s lawyer, Isabelle A. Kirshner, said that she had spoken only briefly with her client and had just started to review the allegations.
“We will investigate the matter thoroughly,” she said. She would not comment on her client’s personal assets.
The fraud charges are the latest effort by the Justice Department to crack down on white-collar crime at a time when the agency is under increasing pressure to hold Wall Street bankers accountable. This case is against a relatively junior Citigroup executive, and appears to have little to do with the financial crisis.
Still, it is yet another embarrassment for a bank that once made its entire work force take an ethics pledge and uses “responsible finance” as a corporate slogan.
It also raises new questions about Citi’s internal controls, nearly two years after regulators forced it to strengthen its risk management and compliance practices upon losing tens of billions of dollars during the financial crisis.
Earlier this month, the bank came under fire from lawmakers after taking more than a month to disclose that hackers stole data from more 360,000 Citi credit card accounts.
In this case, it took nearly a year after the claimed embezzlement began before Citigroup’s internal auditors uncovered that millions of dollars were missing.
Newsletter Sign Up
Continue reading the main story
Thank you for subscribing.
An error has occurred. Please try again later.
You are already subscribed to this email.
Opt out or contact us anytime
According to the complaint, Mr. Foster transferred the money from various Citigroup corporate accounts to his own bank account at JPMorgan Chase late last year. From July to December 2010, he moved about $900,000 from Citigroup’s interest expense account and about $14.4 million from Citigroup’s debt adjustment account to the bank’s main cash account. Then, on eight separate occasions, he wired the money to a personal account at Chase.
To conceal some of the transactions, the complaint contended that Mr. Foster used a false contract or deal number to be placed in the reference line of the wire transfer. Mr. Foster voluntarily quit Citigroup in January, according to a person briefed on his employment. His reasons for leaving are not known.
“The defendant allegedly used his knowledge of bank operations to commit the ultimate inside job,” said Loretta E. Lynch, the United States attorney for the Eastern District of New York in Brooklyn.
Citigroup detected the fraud a couple of weeks ago during an internal audit of the treasury department, where Mr. Foster worked, according to the complaint and a person briefed on the situation. The bank said it immediately contacted law enforcement officers after discovering the suspicious transactions and has put in additional safeguards and internal controls.
“We are outraged by the actions of this former employee,” said Shannon Bell, a Citigroup spokeswoman. “In light of the ongoing investigation, we cannot comment any further at this time.”
James place” to have the purchase automatically deducted from their cash stockpiles.Though the game still ships with the standard 22 title deed cards, it doesn’t have any paper money, Chance cards, or Community chest cards, save for one “Get Out of Jail Free” card. Hasbro says that by putting Mr. Monopoly in the role of voice-activated banker, gameplay will move along at a faster pace, as players can simply issue commands like “Buy St. How much money is included in a standard monopoly kit. His intelligence pretty much begins and ends with matters related to Monopoly, though, as players will need to press the button associated with their token on the top hat-shaped speaker that sits in the middle of the board to issue their commands.The game hasn’t appeared on Hasbro’s website yet, but a listing for Monopoly Voice Banking Edition (as it’s called) is live on. Though most versions of Monopoly support up to six players and some go as high as 10, Monopoly Voice only supports between two and four.
Mr. Foster joined Citigroup in 1999, shortly after graduating from Rutgers University with an accounting degree, according to his profile on LinkedIn. He rose to become an assistant vice president, supervising the derivatives unit in the bank’s treasury finance department.
Since leaving Citigroup, he has billed himself as a part-time hedge fund consultant, according to his profile. On Facebook, he counts “traveling the world” as a favorite activity.
Mr. Foster was traveling in Europe and Asia, when an F.B.I. agent showed up at the home of his parents in Teaneck, N.J., early last week, according to his lawyer. Alerted by his parents, she added, Mr. Foster immediately contacted the F.B.I. agent and made arrangements to return to the United States.
Mr. Foster was arrested on Sunday morning after arriving on a flight from Bangkok.
If convicted, Mr. Foster faces up to 30 years in jail.
1220 Via Vaquero Norte, San Juan Bautista, CA, United StatesReview updated:
Contact information:
I received this email today.. please investigate. thank you. Tue, january 18, 2011 5:12:15 amunited states department of justice From: 'robert s. mueller, iii' <[protected]@fbi.gov>add to contacts To: — Federal bureau of investigation (fbi) Anti-terrorist and monitory crime division. Federal bureau of investigation. J. edgar. hoover building washington dc Attn: beneficiary, This is to officially inform you that it has come to our notice and we have thoroughly investigated with the help of our intelligence monitoring network system that You are having an illegal transaction with impostors claiming to be prof. charles c. soludo of the central bank of nigeria, mr. patrick aziza, mr frank nweke, dr. Philip mogan, none officials of oceanic bank, zenith banks, barr. derrick smith, kelvin young of hsbc, ben of fedex, ibrahim sule, larry christopher, dr. usman Shamsuddeen, dr. philip mogan, paul adim, puppy scammers are impostors claiming to be the federal bureau of investigation. during our investigation, we noticed that The reason why you have not received your payment is because you have not fulfilled your financial obligation given to you in respect of your contract/inheritance Payment. Therefore, we have contacted the federal ministry of finance on your behalf and they have brought a solution to your problem by coordinating your payment in total Usd$11, 000.000.00 in an atm card which you can use to withdraw money from any atm machine center anywhere in the world with a maximum of $4000 to $5000 united states Dollars daily. you now have the lawful right to claim your fund in an atm card. Since the federal bureau of investigation is involved in this transaction, you have to be rest assured for this is 100% risk free it is our duty to protect the American citizens. all I want you to do is to contact the atm card center via email for their requirements to proceed and procure your approval slip on your behalf Which will cost you $150.00 only and note that your approval slip which contains details of the agent who will process your transaction. Contact information Name: mr. kelvin williams Email: [protected]@yahoo. cn Telephone: +[protected] Do contact mr mr. kelvin williams of the atm payment center with your details: Full name: Home address: Tell: Cell: Current occupation: Bank name: Age: So your files would be updated after which he will send the payment information's which you'll use in making payment of $150.00 via western union money transfer or Money gram transfer for the procurement of your approval slip after which the delivery of your atm card will be effected to your designated home address without any Further delay. we order you get back to this office after you have contacted the atm swift card center and we do await your response so we can move on with our Investigation and make sure your atm swift card gets to you. Thanks and hope to read from you soon. Robert s. mueller, iii Director, federal bureau of investigation United states department of justice Washington, d.c. 20535 Note: do disregard any email you get from any impostors or offices claiming to be in possession of your atm card, you are hereby advice only to be in contact with mr. Kelvin williams of the atm card center who is the rightful person to deal with in regards to your atm card payment and forward any emails you get from impostors to This office so we could act upon and commence investigation.