NEW YORK (AP) - A former executive of Citigroup Global Markets Inc. was indicted on charges he embezzled more than $70,000 from two mutual funds he controlled.
Irving David, 41, of New York, stole $72,870 in checks that were to be deposited into the funds and instead put nearly $48,000 into his own personal bank account, according to a 16-count indictment announced Thursday by the Manhattan's U.S. attorney's office.
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