Ten Others Indicted In KPMG Case

This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

The New York Sun

A federal grand jury indicted 10 more people associated with accounting firm KPMG yesterday in a case alleging that bogus tax shelters the company sold helped rich clients avoid billions of dollars in taxes.


A former KPMG chief financial officer, Richard Rosenthal, was among the latest group under indictment.


Yesterday’s superseding indictment brought charges against nine men and a woman, raising to 19 the number facing trial, prosecutors said. The revised indictment includes 39 counts of tax evasion and two obstruction of justice counts.


Those charged include the former deputy chairman of KPMG, several former heads of KPMG’s tax practice, the former head of KPMG’s Department of Professional Practice, a former KPMG associated general counsel, and other former KPMG tax partners.


The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  Create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use