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WSJ: KPMG Tax Shelter Case Is “Fiasco” for Government

Following up on Wednesday’s decision by the district court to delay the KPMG tax shelter trial (blogged here):  Today’s Wall Street Journal has this editorial:  KPMG Justice:

The "largest tax-fraud case in U.S. history" is turning into a slow-motion fiasco for the government. In a two-page order filed Wednesday, federal Judge Lewis A. Kaplan, who is overseeing the criminal trial of 18 defendants — mostly former employees of accounting giant KPMG — granted a defense motion to delay the trial until next January….

In June, Judge Kaplan remarked ruefully, "There used to be a time when big cases were investigated a different way in this country. Maybe something’s gone horribly wrong." Some serious reconsideration at senior levels of the Justice Department seems called for here.


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