Jeweler to Plead Guilty in KPMG Insider-Trading Case
A jeweler who gave a former KPMG auditor cash, an expensive watch and more in exchange for inside information about public companies plans to plead guilty to securities fraud.
A jeweler who gave a former KPMG auditor cash, an expensive watch and more in exchange for inside information about public companies plans to plead guilty to securities fraud.
Ralph Esmerian, the former owner of rare-jewelry seller Fred Leighton, was arrested Monday on charges on fraud and embezzlement. The New York district U.S. Attorney's Office claims his illegal activities caused the company to file for bankruptcy protection in 2008.


