Agoura Hills Accountant at Center of Insider Trading Scandal

An Agoura Hills accountant is at the center of an insider trading scandal, according to a report from the Los Angeles Times.

Scott London, a Los Angeles partner in one of the country's largest accounting firms, is currently being investigated by the Securities and Exchange Commission for allegedly providing sensitive information to a third party about two major KPMG clients he audited--Herbalife and Skechers, Inc., the report said.

According to the report, London poked around for information on the two companies for a friend, and said "he was passing inside tips on the companies that resulted in as much as $100,000 in profit for his buddy," the report said.

London, who was fired from the firm, has not been charged with a crime at this time, according to the report.

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