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KPMG scrambles to control damage of insider-trading scandal
NEW YORK — Auditor Scott London isn't the only one dealing with a dented reputation. His former employer, KPMG, is scrambling to do damage control after an insider-trading scandal swept through its Los Angeles office. It has put many of the Big...
Tags: Insider Trading, Skechers USA Incorporated, Economy, Business and Finance, Herbalife Limited, Business Enterprises
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Former KPMG auditor Scott London appears in court
Scott London, the auditor fired by KPMG, appeared before a federal judge Thursday to answer to accusations that he helped orchestrate an insider-trading scheme that racked up $1.3 million in ill-gotten gains. A somber expression on his face, London...
Tags: Insider Trading, Judges, Financial Markets, Economy, Business and Finance, Crime, Law and Justice
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KPMG partner shown accepting bribe for inside information
One of the most damaging pieces of evidence in the case against former KPMG senior partner Scott London, charged with criminal insider trading, is a photograph that allegedly shows London accepting an envelope stuffed with cash from his friend, a...
Tags: Insider Trading, Skechers USA Incorporated, Economy, Business and Finance, Herbalife Limited, Finance
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Anxiety high at KPMG's office in Los Angeles
Accounting offices are normally so staid and quiet you can hear the gentle purr of the air-conditioning system. Not so at KPMG’s Los Angeles office in the wake of an unfolding insider-trading investigation involving a former colleague. Full...
Tags: Herbalife Limited, Arthur Andersen
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KPMG auditor was photographed accepting cash bribe over coffee
It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal happened over coffee at a Starbucks in the San Fernando Valley, when the auditor at the center of the case was set up by his longtime friend. Accountant Scott London...
Tags: Insider Trading, Skechers USA Incorporated, Herbalife Limited, Starbucks Corp., FBI
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School district election will cost extra
The Aberdeen Public School District will have a separate election this summer after neglecting to publish a notice of open seats on the board. County Auditor Maxine Fischer estimates the separate election will cost the district between $10,000 and $15,...Tags: Elections, Local Elections, Voting, Politics
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$3.6 billion in foreclosure settlement payments to begin Friday
As part of a settlement with federal regulators, 13 lenders this week are to begin paying $3.6 billion to more than 4 million troubled borrowers whose homes were in foreclosure proceedings in 2009 and 2010. A chart released Tuesday by the regulators...Tags: Mortgages, Office of the Comptroller of the Currency, Financial and Business Services, U.S. Department of the Treasury, U.S. Department of Justice
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Herbalife is rocked by new crisis
This was the last thing Herbalife Ltd. needed. Just as the Los Angeles company appeared to be regaining its footing from a Wall Street hedge fund manager's assault, the company's auditor resigned abruptly because of an alleged insider-trading scandal....Tags: Manhattan (New York City), Skechers USA Incorporated, Financial Markets, Herbalife Limited, Carl Icahn
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Visit from FBI the end for auditor in KPMG insider-trading scandal
The sinking feeling that his life was about to capsize hit Scott London when the FBI knocked on the door of his Agoura Hills home one morning a couple of weeks ago. As the ex-KPMG auditor said in an interview with the Los Angeles Times, he was about...
Tags: Insider Trading, Skechers USA Incorporated, Herbalife Limited, FBI
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Auditor: Kentucky has tolerated 'political culture of low expectations and corruption'
Being Kentucky’s “taxpayer watchdog” is a role State Auditor Adam Edelen said he is glad to fulfill, saying he is happy to uncover wasteful spending and mismanagement on a daily basis. Edelen was one of two featured speakers Monday...
Tags: Conservation, Environmental Issues, Fashion Shows, Walmart, Arts and Culture
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Sheriff's office receives clean audits
kmckinney@jessaminejournal.comThe Jessamine County Sheriff’s Office has received clean audits of its 2011 tax and fee accounts. The audits, performed by the Kentucky Auditor of Public Accounts, found no instances of noncompliance, but noted two deficiencies in the fee...Tags: Economy, Business and Finance, Finance
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Audit of Waynesboro Schools at end of last year indicates revenue was down
waynesboro@herald-mail.comAn audit presented publicly last week by two certified public accountants laid out the Waynesboro Area School District’s financial picture at the end of 2011-12. Smith Elliott Kearns & Co. LLC shared with the Waynesboro Area School Board its...Tags: Economy, Business and Finance, Finance, Waynesboro (Waynesboro, Virginia)
Apr 12, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Aberdeen News
Apr 9, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Mar 5, 2013
|Story| Winchester Sun
Mar 6, 2013
|Story| Jessamine Journal
Mar 3, 2013
|Story| Herald Mail
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