New York (March 8, 2004) -- Federal prosecutors have reportedly notified some 30 current and former KPMG partners and employees that they are subjects of the Department of Justice investigation into the Big Four firm's tax shelter, according to a report by The Wall Street Journal.
According to the Journal report, federal agents in some instances delivered letters in person at KPMG offices. KPMG spokesman George Ledwith on Friday wouldn't comment, except to say that the firm's earlier statement regarding the Department of Justice matter "still stands." On Feb. 19, the Big Four firm confirmed that it is under investigation by the U.S. Department of Justice in connection with certain tax strategies it used to offer.
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