Ex-KPMG Partner Says Jail Would Be 'Cruel' In Audit Scam

Law360 (September 11, 2020, 4:17 PM EDT) -- A former KPMG partner who pled guilty to using secret information from a financial watchdog told a New York federal judge Thursday that sentencing him to prison rather than home confinement would be "cruel," arguing that his expected deportation to his home country of Australia is punishment enough.

David Britt, who co-led the accounting firm's banking and capital markets group, pled guilty in October to conspiracy to commit wire fraud for his role in the scheme. He and others obtained inspection secrets from the Public Company Accounting Oversight Board about which audits it planned to inspect so KPMG could preemptively polish them up.

In a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!