Lawsuit Alleging Citigroup Orchestrated and Concealed Fraud, Triggering $1,000,000,000+ in Losses Moves Forward

A revived lawsuit accuses Citigroup of orchestrating a more than $1 billion fraud at Oceanografia, a now-bankrupt Mexican oil and gas services company. The nine-year-old complaint is back on after a three-judge panel of the 11th U. S source: https://dailyhodl.com/2025/05/09/citigroup-ordered-to-face-revived-lawsuit-alleging-the-megabank-orchestrated-and-concealed-fraud-triggering-1000000000-in-losses/