The KPMG tax shelter fraud scandal involves allegedly illegal U.S. tax shelters by KPMG that were exposed beginning in 2003. In early 2005, the United States member firm of KPMG International, KPMG LLP, was accused by the United States Department of Justice of fraud in marketing abusive tax shelters.
Read more about KPMG Tax Shelter Fraud: Deferred Prosecution Agreement, Individual Indictments, Trial in Progress
Famous quotes containing the words tax, shelter and/or fraud:
“...many tax collectors and sinners were also sitting with Jesus.”
—Bible: New Testament, Mark 2:15.
“We shelter children for a time; we live side by side with men; and that is all. We owe them nothing, and are owed nothing. I think we owe our friends more, especially our female friends.”
—Fay Weldon (b. 1933)
“He saw, he wish’d, and to the prize aspir’d.
Resolv’d to win, he meditates the way,
By force to ravish, or by fraud betray;
For when success a lover’s toil attends,
Few ask, if fraud or force attain’d his ends.”
—Alexander Pope (1688–1744)