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Empresas y finanzas

Citigroup to pay $158.3 million in mortgage accord


    (Reuters) - Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government with regard to some home loans extended by its CitiMortgage unit.

    The settlement resolves claims under the federal False Claims Act, and concerned more than six years of misconduct, according to U.S. Attorney Preet Bharara in Manhattan.

    It was approved by U.S. District Judge Victor Marrero in Manhattan, Bharara said.

    (Reporting By Jonathan Stempel; Editing by Phil Berlowitz)