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Criminal

May 29, 2013

Former KPMG partner pleads guilty to fraud

A former partner at accounting firm KPMG LLP agreed to plead guilty to fraud charges Tuesday as part of deal with federal prosecutors investigating allegations of insider trading.

By Henry Meier
Daily Journal Staff Writer

A former partner at accounting firm KPMG LLP agreed to plead guilty to fraud charges Tuesday as part of deal with federal prosecutors investigating allegations of insider trading. Scott London, the former KPMG partner, faces 20 years in prison for providing a friend, Bryan Shaw, with confidential information about several clients including Herbalife Ltd. and Skechers USA Inc., according to the plea agreement and indictment, filed j...

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