So apparently some accountants recruited workers on the PCAOB (Public Company Accounting Oversight Board) to join KPMG - they worked together to share inside information on PCAOB's plans to audit the firm.
Six accountants, including former partners at KPMG LLP, were arrested Monday morning and charged with conspiring to defraud securities regulators and misuse of confidential auditing information.
KPMG couldn't immediately be reached out for comment.
Thoughts? What's up with KPMG, why is there always something fishy going on at the firm? It seems their biggest scandal was before my time - but even last year, five partners were fired.