"As the complaint alleges, yet another major bank has engaged in a longstanding and reckless trifecta of deficient training, deficient underwriting and deficient disclosure, all while relying on the convenient backstop of government insurance, " said Manhattan US Attorney Preet Bharara.

BBC: Wells Fargo bank

Novartis, as Preet Bharara, the US Attorney in Manhattan points out, Novartis is a repeat offender.

FORBES: Did Novartis Violate Its Corporate Integrity Agreement?

The civil complaint has been submitted by the US Attorney in Manhattan.

BBC: Wells Fargo bank

The US attorney in Manhattan opened a criminal investigation into these shelters, and, by February 2004, the feds told 32 past and present employees of KPMG they were the subject of a grand jury investigation.

FORBES: KPMG and Scott London: Long-Forgotten Devil's Deal Means Feds Are Unlikely to Bring Corporate Charges

The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.

BBC: Bank of America sued for $1bn for alleged mortgage fraud