Fresh charges have been levelled at a former partner of KPMG US, in the trial relating to dubious tax shelters.
David Greenberg is expected to be formally charged before federal Judge Lewis Kaplan in Manhattan today.
According to court papers, prosecutors have now narrowed down the charges against him to one count of conspiracy and nine counts of tax evasion.
Greenberg, who originally faced 39 counts of tax evasion and among 19 other alleged co-conspirators, is alleged to have taken part in a scheme with others to defraud the US tax authorities by designing and selling questionable tax shelters, Reuters reported.
The shelters are alleged to have led to avoidance of more than $100m.
The firm itself avoided being drawn into the case by settling a federal probe for $456m.
Further reading:
Largest US tax preparer drops KPMG
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