UPDATE 1-KPMG to pay $50 mln for using stolen data, exam fraud -U.S. SEC
KPMG LLC has agreed to pay a
$50 million penalty over allegations former staffers used stolen
information to alter some of the accounting firm’s previous
audit work and cheated on training exams, the U.S. Securities
and Exchange Commission (SEC) said on Monday.
$50 million penalty over allegations former staffers used stolen
information to alter some of the accounting firm’s previous
audit work and cheated on training exams, the U.S. Securities
and Exchange Commission (SEC) said on Monday.
Posted by Reuters
