BUSINESS
10/23/2009 05:12 am ET Updated May 25, 2011

Family of SEC Official Whose Unit Got Madoff Tip Lost $2 Million In Scam

Sept. 7 (Bloomberg) -- Family members of a U.S. Securities and Exchange Commission enforcement official, whose unit got a tip in 2005 that Bernard Madoff may be running a Ponzi scheme, entrusted $2 million to the scam, the agency's watchdog said.

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