Insert Favorite Nautical Disaster Imagery Here.

Wow, I mean this is like the Good Ship Lollipop after sustaining a direct hit from a Japanese Tsurugi in Leyte Gulf (hey, I wanted to stretch a little):

"It is a sad day when one who held our trust for so many years is shown to have engaged in rampant fraud and betrayed the trust of so many,'' U.S. Attorney Jeffrey Sloman said at a news conference.

"This is a classic case of how greed and corruption can corrupt a person at the top of his game,'' said John Gillies, the FBI's special agent in charge, who called Freeman "the wolf protecting the hen house.''

Wolf protecting the hen house....interesting but Lew could have done better.

All kidding aside, this one's a shocker and it is indeed a sad day for anyone who has worked with Lew and his many fine employees.

UPDATE: Here's the information filed against Lew (including allegations against "Co-Conspirators A and B"):

LewFreemanInformation