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Under a deferred prosecution agreement, KPMG LLP admitted criminal wrongdoing in creating fraudulent tax shelters to help wealthy clients dodge $2.5 billion in taxes and agreed to pay $456 million in penalties. KPMG LLP will not face criminal prosecution as long as it complies with the terms of its agreement with the government.
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The recovered funds include the sum of US$126 million from the Equanimity judicially sold to the Genting Group, US$139 million to be returned by the United States after sale of Jho Low's interest in Park Lane Hotel in Manhattan, and US$57 million from a forfeiture settlement of Red Granite Pictures, which has been repatriated to Malaysia after ...
The photos became highly publicized with some people believing they were fake while others believed their authenticity. Later the cousins admitted that the pictures were not manipulated but that they made the fairies out of cardboard and staged them in the scene. Besides this confession the cousins still claimed that they had seen fairies.
The controversy highlights a few things. One is the public relations dilemma Big Tech in general, and Alphabet-owned Google in particular, faces on these sorts of issues.
After igniting controversy over its portrayal of Hollywood's Jewish pioneers, an exhibit at the Academy Museum of Motion Pictures will be changed, the museum announced Monday.
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This logo image consists only of simple geometric shapes or text. It does not meet the threshold of originality needed for copyright protection, and is therefore in the public domain. Although it is free of copyright restrictions, this image may still be subject to other restrictions.