Headline of the day.

(Though this actually is datelined yesterday.)

Ponzi Scheme Suspect Uses Underwater Scooter to Flee F.B.I.

The story is exactly as it says on the tin:

Tracked by air and trailed by F.B.I. agents and members of the California Highway Patrol, Mr. Piercey, 44, of Palo Cedro, Calif., was seen removing something from his truck and entering the frigid water with it in his street clothes, the authorities said. After about 25 minutes in the lake, part of which he spent submerged, a very cold and wet Mr. Piercey emerged and was arrested, the Justice Department said.

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