SEC Employee Misled Fellow Ponzi Investors: Report

CNBC reports:

A Securities and Exchange Commission employee at the agency's Washington headquarters may have compromised the investigation of a multi-million dollar Ponzi scheme last year by claiming to investors — of which he was one — that the company was legitimate. This, according to a report by the agency's Inspector General, H. David Kotz, who has recommended the employee face disciplinary action including possible dismissal.

If the world of bureaucracy was filled with Elizabeth Warrens.