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Saturday, May 9, 2026

Former Citi Trader Says Bank Distorted Chats to Get Him Indicted for Price Fixing - Bloomberg

A former Citigroup Inc. trader claims the bank purposely mischaracterized his comments in online chat groups to try to make him its scapegoat in a US criminal probe of foreign-exchange price fixing.

Rohan Ramchandani alleges in a suit seeking $112 million in damages that a former Citi executive reviewed thousands of his chat communications, many containing trader jargon, and misleadingly “translated” them for prosecutors in a way that falsely implicated him. He was found not guilty after a trial in 2018.

Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMilAFodHRwczovL3d3dy5ibG9vbWJlc...