At KPMG LLP, prosecutors say, the revolving door spun out of control. Starting in 2015, the giant accounting firm wanted badly to improve its standing in the eyes of its government regulator. But when KPMG recruited employees from the regulator, a scandal emerged over leaks of confidential information that resulted Monday in the indictments of five people on fraud and conspiracy charges. Authorities...

Source: Wall Street Journal January 22, 2018 16:54 UTC