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Former KPMG partner pleads guilty to insider trading

Scott London allegedly passed confidential client information to a golfing buddy

A former senior partner at KPMG is facing up to 20 years in prison after agreeing to plead guilty to insider trading charges.

Scott London supervised hundreds of employees at the accounting firm, and also oversaw the audits of companies such as Skechers USA Inc. and Herbalife Ltd. In this capacity, he learned confidential information about KPMG clients, which he allegedly passed on to his golfing pal, jeweler Bryan Shaw.

Alanna Byrne

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