The KPMG settlement has been approved by a federal judge. The Justice Department then announced the indictment of seven former KPMG partners on tax charges. A KPMG former senior manager and a non-KPMG attorney were also indicted.
Tax Analysts reports the following were indicted on tax conspiracy charges:
Jeffrey Stein, former deputy chairman of KPMG, former vice chairman of KPMG in charge of tax;
John Lanning, former vice chairman of KPMG in charge of tax
Richard Smith, former vice chairman of KPMG in charge of tax, a former leader of KPMG’s Washington National Tax;
Jeffrey Eischeid, former head of KPMG’s innovative strategies group and its personal financial planning group;
Philip Wiesner, former partner-in-charge of KPMG’s Washington National Tax office;
Mark Watson, a former KPMG tax partner in its Washington National Tax office.
Also indicted were John Larson, a former KPMG senior tax manager, and Raymond J. Ruble, a former tax partner in the New York office of a prominent national law firm.
New York Times: U.S. Indicts 8 Ex-KPMG Employees of Sales of Tax Shelters.
Investors.com: KPMG to pay $456M to settle tax-shelter charges
UPDATE: Copy of Indictment (pdf)
And the TaxProf has a comprehensive set of links to KPMG settlement documents.
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