This is what happens when federal agents are too young to have seen Blazing Saddles — or simply have no sense of humor

Tip-off to a $300 million Ponzi scheme leads to FBI raid, shoot out

The FBI raided the residence of Las Vegas attorney Matthew Beasley — one of two men who allegedly ran the Ponzi scheme — earlier this year after getting tipped off by short seller Hindenburg Research, The Wall Street Journal reported on Thursday (paywall).

Beasley opened the door sideways but — in a move straight out of a Hollywood crime flick — then faced forward revealing he was pointing a gun at his own head. He then brandished the gun in front of the officers and swung it at them, according to the paper.

FBI investigators shot him twice …