Yesterday, KPMG said it fired one of its senior partners for
allegedly leaking non-public information in Herbalife and Skechers to a third
party who then traded those stocks.
The now-former KPMG senior partner has been identified as
Scott London. He was in charge of the audit practice for KPMG in Southern
California.
London essentially blew his 29-year accounting career. And for what? According to the LA Times, he got about
$25,000 in cash, some fancy dinners and a Rolex watch in exchange for the tips. ...
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