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Ex-Citigroup managing director sentenced to 30 years in prison for sex crimes

Ex-Citigroup managing director sentenced to 30 years in prison for sex crimes

Summary

Edward Gene Smith, a former managing director at Citigroup, was sentenced to 30 years in prison for sex crimes committed over ten years. He pleaded guilty to offenses including drugging and sexually assaulting women, as well as possessing child pornography.

Key Facts

  • Edward Gene Smith worked at Citigroup from 2021 until his arrest in 2024.
  • He was sentenced in Manhattan federal court to 30 years in prison.
  • Smith pleaded guilty to sex crimes, receiving child pornography, and obstructing justice.
  • Prosecutors said he drugged women to sexually assault them and kept thousands of child abuse images.
  • Smith used promises of financial help to lure vulnerable women to his New York residence.
  • His lawyers claimed autism influenced his behavior, but prosecutors rejected this claim.
  • Smith expressed remorse in a letter, saying he no longer wants to be the person he was.
  • Citigroup terminated Smith immediately after learning of the investigation and cooperated with authorities.
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