By: Golf Channel | Duration:
Video Description
Watch the best moments from the first round of the 2025 KPMG Women’s PGA Championship at Fields Ranch East in Frisco, …
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By: Golf Channel | Duration:
Watch the best moments from the first round of the 2025 KPMG Women’s PGA Championship at Fields Ranch East in Frisco, …
By: PGA TOUR | Duration: 00:08:14 Video Description In the final round of the 2025 Procore Championship, Scottie Scheffler shot a 5-under 67 to claim his 19th win on the PGA TOUR and sixth victory of the season. SUBSCRIBE to PGA TOUR now: http://pgat.us/vBxcZSh This...
By: LPGA | Duration: 00:03:11 Video Description Welcome to the official YouTube channel of the LPGA Tour. Here you can find everything you need to stay up to date with all of the action featuring some of the world’s best golfers! Check in for highlights from every...
By: Golf Channel | Duration: 00:09:06 Video Description Cara Banks and Tripp Isenhour look back on a thrilling Round 4 of the Procore Championship, where Scottie Scheffler emerged victorious from a back-and-forth duel with Ben Griffin » Subscribe to Golf Channel:...
Commentators:
Cara Banks & Paige McKenzie (early)
Terry Gannon & Morgan Pressel (later)
Tower Announcer:
Tom Abbott
On Course:
Kay Cockerill
Karen Stupples
McKenzie
Interviews:
Amy Rogers
Rules:
Not available (PGA Of America)
KPMG has faced numerous allegations and penalties related to crimes and misconduct, including tax shelter fraud, exam cheating, and insider trading. These incidents have led to significant fines, legal settlements, and reputational damage for the firm.
Here's a breakdown of some key instances:
Tax Shelter Fraud:
In 2005, KPMG LLP admitted to criminal wrongdoing in designing and marketing fraudulent tax shelters to wealthy individuals.
The firm and nine individuals were accused of conspiring to defraud the IRS by creating shelters like FLIP, OPIS, BLIPS, and SOS.
KPMG agreed to pay $456 million in penalties as part of a deferred prosecution agreement.
This case involved the creation of false tax losses for clients, allowing them to avoid paying taxes owed to the government.
Exam Cheating:
KPMG has been penalized for exam cheating scandals, particularly within its Netherlands division.
The firm's professionals were found to have improperly shared answers and manipulated test results on mandatory training exams.
In 2024, KPMG Netherlands was fined a record $25 million by the PCAOB for exam cheating and misleading investigators.
Similar issues with exam cheating have been identified at KPMG's other international branches, according to Reuters.
Insider Trading:
A former KPMG senior partner, Scott London, was sentenced to prison for insider trading.
London provided confidential client information to a friend, who used it to make profitable trades.
He received bribes and luxury items in exchange for the information.
Other Issues:
KPMG has also faced penalties related to the use of stolen PCAOB data and altering past audit work, according to the SEC.
The firm has been under investigation for its audits of companies like Entain.
KPMG has faced scrutiny for its role in the Rolls-Royce bribery scandal, resulting in fines, according to Accountancy Age.
These incidents highlight a pattern of misconduct within KPMG, impacting its reputation and leading to significant financial and legal repercussions.
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