Former KPMG man jailed
A former KPMG insolvency expert was jailed for 21 months this week by Birmingham Crown Court for false accounting at a local firm.
Robert Orme, 52, a partner at Birmingham-based Knights Chartered Accountant, misdirected monies recovered during insolvency assignments to cover up that the firm had gone bankrupt.
Orme, who worked for KPMG for 25 years before he was made redundant in 1992, placed £300,000 in overseas accounts, but was found not to have acted for personal gain.
FD Marcus Chadwick and colleagues had presented a transfer of reserves within the statement of total recognised gains for the year ending 31 March and reentered the losses in the notes to the financial statements.