Former Public Company Accounting Oversight Board Inspections Leader Jeffrey Wada was sentenced to nine months in prison Friday for his role central to the long-running KPMG inspections scandal.
Wada was convicted of one count of conspiracy to commit wire fraud and two counts of wire fraud in March 2019 for providing KPMG employees with confidential information on certain of the PCAOB’s 2016 inspection selections in an effort to cheat the system. In addition to his jail time, he received a three-year sentence of supervised release.
