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2010-11-01BUCHANAN COUNTY, MO | By: Wayman
State authorities sued to have the money returned to the unnamed 47 year old man who was considering retirement after working for Southwestern Bell for 30 years. Court documents say in 2000 he attended a retirement seminar by Gordon Hamilton working as an agent for citigroup global markets out of New York. Investigators found Hamilton gave unsuitable recommendations to the victim regarding taking out early retirement savings and citigroup failed to supervise him. In addition to the money paid back to the investor, citigroup is also required to pay $75,000 to the Missouri Investor Education and Protection fund.