Weekend July 31,2021
Recall that some of the highest level KPMG execs hired a former PCAOB employee. With a poor record of too many errors in their public audits, the execs coerced the PCAOB employee to reveal which audits would be examined. This did not stay a secret.
The SEC has barred them from practice.
A couple received actual jail sentences, the others supervised at home incarceration.
One has to wonder how they thought they would get away when so many knew of the fraud.
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