Please ensure Javascript is enabled for purposes of website accessibility

Ex-KPMG Partner Convicted of Insider of Trading Will Hit the Streets This Summer

Courtesy of James Ulvog, we learn that Scott London, convicted passer of material non-public information to a golf (former) buddy, is laying his head somewhere new:

The Bureau of Prisons inmate locator shows that Scott London is currently under supervision of the Long Beach Residential Reentry Management office. His scheduled release date still shows at July 23, 2015.
I don’t know when he was released from the Lompoc United States Penitentiary. My last check on February 20 showed he was still in Lompoc. He reported to prison on July 19, 2014, so he is currently at about the nine-month point of his sentence. He has about three months until his scheduled release date.
It bears repeating, and Ulvog mentions this in his post as well, that making a mistake of this magnitude will royally screw up your life and career. London will spend a year in jail. That may not seem like a long time, but it's plenty of time to rehash the past to death and ponder the possibilities of the future. The former will drive you crazy, the latter will give you hope.
Before he went to prison, London said that, "I'll wait on tables, I'll do whatever it takes," so he surely has some plans. They just won't involve working at an accounting firm. He'll be forced to reinvent himself, a prospect that is both exciting and terrifying at the same time, especially at his age. But it's doable!
Anyway, good luck, Scott. We're rooting for you.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

nuclear blast

WTF Happened at SVB and Should KPMG Auditors Have Seen It Coming?

While the general investing public is asking “where were the auditors?” in regards to the recent collapse of Silicon Valley Bank and Signature Bank, the banks’ auditors are insisting that, having exercised requisite due professional care, their unqualified opinions were based on the information available to them at the time and as such, the firm […]

KPMG metaverse meeting space arms out

Layoff Watch ’23: KPMG Let Some Advisory People Go Today

Article photo from a scathing review of KPMG’s metaverse space Alright folks, the moment we’ve been saying wasn’t going to happen to us now has: layoffs are here. Bet you feel dumb for saying firms won’t be laying anyone off because they don’t have enough people to lay off eh? I know I do. We’ve […]