Former Law Firm Partner Draws Prison Term in KPMG Tax Shelter Scandal

Two former senior KPMG executives also sentenced

, New York Law Journal


Federal Judge Lewis Kaplan denied leniency Wednesday for the three men convicted in the KPMG tax shelter scandal. The judge sentenced former Brown & Wood partner Raymond Ruble to 6 1/2 years in prison for his role in providing opinion letters that endorsed the shelters and helped KPMG's wealthiest clients claim bogus losses to offset massive capital gains. Also, Kaplan sentenced former senior KPMG executives John Larson and Robert Pfaff to respective terms of 10 years and one month, and eight years and one month.

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