KPMG to pay $50 million for using stolen data, exam fraud: U.S. SEC
June 17, 2019 at 11:06 AM EDT
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.