Chicago (Jan. 22, 2004) -- Regulatory troubles keep mounting for national CPA firm Grant Thornton.

On the heels of a massive audit scandal at global dairy concern Parmalat -- a company audited by GT’s Italy-based affiliate -- the Securities and Exchange Commission has accused the firm of lending its reputation to a fraudulent audit of now-shuttered mortgage company MCA Financial Corp. of Southfield, Mich.

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