UPDATE 1-Citigroup to pay $180 mln to settle charges of defrauding fund investors
 

UPDATE 1-Citigroup to pay $180 mln to settle charges of defrauding fund investors
WASHINGTON, Aug 17 (Reuters) - Two units of Citigroup will pay nearly $180 million to settle financial crisis-era charges alleging they defrauded investors in two hedge funds by telling them the funds were safe, low-risk investments, U.S. regulators said Monday.
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