crimes and misdemeanors

Citigroup Exec Pleads Guilty to Stealing $22 Million

Gary Foster pleaded guilty in Brooklyn court today to embezzling more than $22 million from Citigroup between 2003 and 2011, when he worked for the company as an assistant vice-president. In addition to fancy watches and bottle service at nightclubs, Foster bought multiple homes and at least three sports cars, which required the use of a chauffeur. No, seriously — Foster is legally blind. [NYP]

Citigroup Exec Pleads Guilty to Stealing $22 Million