New charges in E&Y tax shelter case

More partners facing indictment

Written by AccountancyAge.com

Despite suffering a setback in its tax shelters case involving former KPMG partners, the US government is set to file a new indictment in a case involving current and former Ernst & Young partners.

According to Reuters, the partners will face charges related to the sale of questionable tax shelters.

US prosecutors are expected to either file the indictment by a 13 December hearing or be close to filing it by then.

Those already charged include Robert Coplan, former national director of Ernst & Young's Center for Family Wealth Planning; former Ernst & Young partner Richard Shapiro, who is currently on administrative leave; and Brian Vaughn, a former senior manager at the firm.

Further reading:

Judge kicks outs case against 13 ex-KPMG executives

Memo reveals KPMG feared total US collapse

Advertisement

Enjoyed this article? Help spread the word:

Comments

Also read

White papers

Related jobs

Spotlight

Richard Mayfield, Waitrose FD

Profile: Richard Mayfield, Waitrose FD

Waitrose FD Richard Mayfield tells our reporter about the pros...

Credit crunch special: guiding business through the storm

The downturn is hurting and recession looms. Will accountants be...

Beat the credit crunch with Young Professional

Latest issue features a guide to advancement during economic uncertainty,...

Find your next job

Find your next job

Advertisement

Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Advertisement

Have your say

Would rumoured Treasury moves to abolish stamp duty do anything to help the housing market?
Yes, scrapping stamp duty has been a long time coming
No, any move is far too little, too late

Job of the week

More finance jobs...

Advertisement

Your next job