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The Lakers, KPMG, and Shkreli

Katherine O'Hara | August 21, 2017

In case you missed it this week, the LA Lakers are under fire for potential tampering, KPMG coughs up $6m to the SEC, and pharma-bro Shkreli is having a rough time finding anyone who doesn’t hate him.

Open mouth, insert foot. Filipino model and actor, Richard Gutierrez, may have dug himself into a bit of a hole when he tried to clear his company's name with the DoJ this April. In his affidavit, he submitted a tax return from 2012 that may have been fudged. And three falsified quarterly value-added tax returns. That's not how this works. That's not how any of this works.

Calling anyone living under a rock. Pharma-bro Martin Shkreli’s defense lawyers had a really tough time securing jurors for his trial. You may remember him as the most-hated man in America for unspeakable acts like upping the price of life-saving medications, and disrespecting the Wu-Tang Clan. Transcripts of the trial reveal that some 200 jurors were dismissed for their inability to remain impartial. One even said the only thing they could have been impartial about was deciding which prison Shkreli should go to.

Oh boy, George. Earlier this summer Paul George, star small forward, caught the Pacers off guard when he decided not to resign his contract. Now the Indiana team is calling the LA Lakers out and filing tampering charges, saying president Magic Johnson made some late-night—and illegal—phone calls to George. This would be a tough blow to the Lakers, who have been trying to turn the ball around with increased hype (and ticket sales). Not a good look.

Breaking (fake) records. A woman and a doctor in Dallas are facing prison time after a healthcare scam conviction—one of the largest busts in American history. The scheme, which included four other culprits and ran from 2009-2013, consisted of billing Medicare at “an alarming rate,” on behalf of patients for things they couldn’t have possibly needed. Like 205 hours worth of work. In one day.

Moving violation. Last week, prosecutors recommended that the lead VW engineer serve three years for his involvement with the notorious emissions scandal. James Liang, who pleaded guilty, will be sentenced later this week. Liang is the second person to plead guilty—Oliver Schmidt, VW’s former head of regulatory compliance, entered the same plea earlier this month, and faces up to seven years in prison.

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