$2.9 Billion In Expenditures Leads To ‘Biggest Ever Trial Of An Audit Firm’

‘PricewaterhouseCoopers (PwC) is in the single largest trial ever against an audit firm for allegedly failing to spot and stop fraudulent spending by a company it audited.
PwC is the world’s largest professional services firm and one of the so-called ‘Big 4′ accounting firms in the United States. It allegedly provided auditory oversight to banks that used customer cash over a number of years to buy some $2.9 billion on objects like a seaplane, private corporate jet, and a collection of vintage cars, according to the Financial Times.’
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