According to this Avison story, Funcom's sacked an Age of Conan GM for cybering with a player.
"We are aware of this matter, and necessary measures have been taken against them," said a Funcom rep. "We have clear guidelines for all employees in Funcom, not least those who work with customer service, and if the guidelines are broken there are consequences."
The worst part of all this is that the GM was set up. Read the transcript of what happened here, complete with screens. It's not pretty.