Ex-SEC Enforcer Charged With Stealing Data to Land PE Job
- U.S. says theft got him a position as chief compliance officer
- He accepted $400,000-a-year job four days after he left SEC
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When Michael Cohn left his job with the enforcement arm of the U.S. Securities and Exchange Commission in 2018, he took more than his ambitions to work on Wall Street, prosecutors say.
Before leaving, Cohn repeatedly hacked into the regulator’s computers and stole “highly sensitive” information about an ongoing regulatory probe that he used to land a $400,000-a-year job as chief compliance officer at the private equity firm that was being investigated, U.S. prosecutors said Wednesday in announcing charges against Cohn.