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Violation Tracker Individual Record

Company: Citibank N.A.
Current Parent Company: Citigroup
Penalty: $5,000,000
Year: 2018
Date: September 24, 2018
Offense Group: financial offenses
Primary Offense: bankruptcy professional violation
Violation Description: The Department of Justice's U.S. Trustee Program entered into a national settlement agreement with Citibank N.A., Department Stores National Bank and FDS Bank requiring Citi to pay $5 million to remediate robo-signed proofs of claim filed in consumer bankruptcy cases in connection with more than 71,000 Macy's-branded credit card accounts.
Level of Government: federal
Action Type: agency action
Agency: Justice Department U.S. Trustee Program
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.