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Story perspectives

Former Treasury Employee Resigns Amid Security Breach Investigation

2/12/2025

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Story summary
  • Marko Elez, a former Treasury employee, was mistakenly given access to a sensitive federal payment system.
  • The error was promptly corrected, and a forensic investigation is underway.
  • Elez resigned following the emergence of racist social media posts but reportedly did not misuse his access.
  • The Bureau of the Fiscal Service manages over $5 trillion in federal transactions annually.
  • The Treasury Department is assessing payment systems to identify fraud and reduce funding.