California Department of Corporations Announces Arrest of Robin Kyu Cho of Citi Travelers Insurance Management (Business Wire via Yahoo! Finance)
SACRAMENTO, Calif.—-June 30, 2006–The California Department of Corporations announces the arrest of Robin Kyu Cho, owner of Citi Travelers Insurance Management, a.k.a. Citi Travelers Scholarship Management of Los Angeles, for allegedly engaging in an investment scheme by which the defendant defrauded at least 11 members of the Korean American community of approximately $1.9 million.

