In exchange for confidential information worth of millions of dollars to him, well-to-do Encino diamond jeweler Bryan Shaw admits, he gave his tipster at KPMG a $12,000 Rolex Daytona Cosmograph watch.
|United States Attorney's Office|
|Bryan Shaw (r.) allegedly slips Scott London (l.) $5,000, across from Franklin True Value Hardware in Woodland Hills. |
Shaw, of Shaw Diamond Co. located in a high-rise on Ventura Boulevard, pleaded guilty Monday to federal charges for making illegal stock trades based on alleged advice from Scott London. London, also a wealthy guy, was fired by KPMG -- one of the world's Big Four auditing firms -- on April 5, the day he got arrested by the feds.
The behavior of these two men who had everything -- and now, it seems, have nothing -- goes beyond just money business.More »