In July 2015, I noted here that Scott London — the former KPMG partner who pleaded guilty to insider trading in June 2013 and was sentenced to serve 14 months in prison in April 2014 — was about serve out the rest of his sentence in home detention. The U.S. Attorney’s criminal complaint against London, you may also recall, included a remarkable photo taken by undercover FBI agents of London standing in a parking lot accepting an envelope stuffed with cash. Prosecutors charged London with taking the cash in exchange for providing a friend with inside information he had access to due to his employment at KPMG.
