Madoff judge slams ‘sloppy’ US regulator’s failure to use case management system

When the SEC commenced another investigation in 2004, and the New York office asked Madoff for documents, the now-imprisoned businessman informed the team that he had already supplied the documents to a different office in Washington DC. The New York office was unaware of this, because of poor communication and its “failure to use [its] internal case-tracking system”. That investigation was closed after the SEC mistakenly believed it had been dealt with.

Read more: Madoff judge slams ‘sloppy’ US regulator’s failure to use case management system — Computerworld UK