Baltimore (March 11, 2003) - The CPA firm of Ellin & Tucker has been added to a $6 million fraud lawsuit filed by Connecticut-based Bon Secours Community Investment Fund LP, which lost $1 million investing in the now-defunct telecommunications company Network Technologies Group Inc.
The lawsuit, filed last week in Baltimore City Circuit Court by Bon Secours, represents the first public accusation that Ellin & Tucker bears any responsibility for alleged accounting fraud at NTG. This activity supposedly resulted in the loss of millions of dollars for NTG's bank Mercantile-Safe Deposit & Trust Co. and two investors, including the Bon Secours fund, a Baltimore Business Journal report indicated.
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