Government officials told The Wall Street Journal that the FBI is investigating a theft of tens of millions of dollars at Citigroup, possibly orchestrated by a Russian gang of computer hackers. In response to the paper, a spokesman for the notoriously vast and unwieldy banking giant turned ward of the state initially had this to say: “I’m not aware of any major case the FBI is working in our company at this magnitude.” Comforting.
FBI Probes Hack at Citibank [WSJ]
Hackers in breach of Citi: report [NYP]
Update: Citigroup vociferously denies fraud occurred at all, the whole thing is extremely weird. [FT/Alphaville]