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Thursday, dec 12
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KPMG
News
New Canaan Man Charged In Massive Fraud Scheme Could Get 85 Years In Prison
A New Canaan man working as an executive for an audit firm is facing nearly 100 years in prison for his role in an elaborate wire fraud scheme. Geoffrey Berman, the United States Attorney for the Southern District of New York, announced this week that David Britt, 54, was among five former employees at accounting firm KPMG who are facing charges in connection with their scheme to defraud the Securities and Exchange Commission for several years through an elaborate series of back channels. The Public Company Accounting Oversight Board (PCAOB), which is overseen by the SEC inspects audit work…