Andre Birotte Jr: Insider Trading Is A Big Crime

Andre Birotte Jr: Insider Trading Is A Big Crime

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A local jewelry store owner has reached a plea deal in an insider trading case involving a former partner at the accounting giant KPMG.

There is a surveillance photo that according to the FBI.. shows Bryan Shaw on the right... giving a cash payment to former KPMG executive Scott London  in exchange for secret financial information about KPMG clients, including Herbalife and Sketchers.  London was fired from KPMG last month, and was charged for his role in the scheme.

Andre Birotte Jr. - the United States Attorney for the Central District of California, was here to talk more about that.

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