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Briefly

From Reuters

A U.S. judge Monday sentenced the former head of the commodities trading desk at Citigroup Inc.’s banking unit to 15 months in prison for his role in conspiring to inflate trading profits.

David Becker, 40, who pleaded guilty in September to one count of conspiracy to falsify bank records and commit wire fraud, was also fined $25,000 and will be required to pay Citigroup $200,000 in restitution within 30 days.

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