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The KPMG tax shelter fraud scandal involved illegal U.S. tax shelters by KPMG that were exposed beginning in 2003. In early 2005, the United States member firm of KPMG International, KPMG LLP , was accused by the United States Department of Justice of fraud in marketing abusive tax shelters .
Global auditor KPMG said on Monday it will axe up to 400 staff in South Africa in its latest shake-up following a corruption scandal in the country, which saw it lose several major clients. The ...
U.S Attorney's Office/APIn this undated FBI photo, KPMG partner Scott London, left, allegedly accepts a $5,000 cash bribe from California jeweler Bryan Shaw earlier this year. By Emily Flitter NEW ...
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The resulting public outcry led to several high-profile resignations. Advertiser boycotts led to the News of the World being shuttered, publishing its final edition on 10 July 2011, after 168 years of publication. News Corporation was also to cancel its proposed takeover of the British satellite broadcaster BSkyB.
The photos became highly publicized with some people believing they were fake while others believed their authenticity. Later the cousins admitted that the pictures were not manipulated but that they made the fairies out of cardboard and staged them in the scene. Besides this confession the cousins still claimed that they had seen fairies.
April 9 - KPMG resigned as the auditor of Herbalife Ltd after one of its senior partners engaged in insider trading in Herbalife stock, the nutritional products company said on Tuesday.
In May 2024, the firm was caught up in a scandal along with PwC and fined $11.7 million by UK authorities for a series of auditing failures. As pressure has mounted, EY cut UK partner payouts by 5 ...