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Deferred Prosecution Deal Raises Objections

The National Law Journal

February 2, 2006

Thanks to a deal arranged with the feds last year, auditing giant KPMG has been able to avoid a likely criminal indictment. But now, motions by 19 indicted tax and estate professionals, most formerly with KPMG, accuse the government of stacking the deck. A defense attorney not involved in the case says the events show the lack of standards for such agreements, adding, "It's whatever prosecutors can get away with, and that's a lot, because companies trying to save themselves are willing to do anything."

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