A former KPMG LLP partner pleaded guilty to charges that he plotted to get advance tips on audit inspections by a U.S. regulator.
David Britt, who led the firm’s banking and capital markets group, entered his plea to conspiracy to commit wire fraud Oct. 3 just weeks before he was to stand trial in Manhattan.
Prosecutors said Britt, 56, schemed with staff from the Public Company Accounting Oversight Board who gave KPMG a list of clients expected to be reviewed by inspectors. The firm used the information to double-check its work for those clients to avoid inspection violations, the U.S. ...
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