Grant Thornton Ireland

Grant Thornton Ireland in Hot Water Over Allegations of Wrongdoing in US Audits

Grant Thornton Ireland faces accusations of enabling fraud in US investment advisory firm audits. Find out the surprising truth behind the claims!

Grant Thornton Ireland has found itself at the center of controversy following allegations of misconduct in audits of US investment advisory firms. The receiver to a failed US investment advisory firm has sued Grant Thornton's practices in Ireland and the Cayman Islands, claiming that they facilitated fraudulent activities. Despite the mounting pressure, Grant Thornton Ireland has broken its silence to deny any wrongdoing, refuting claims of complicity in fraudulent practices. The accusations have stirred up a storm of controversy, with borrowers allegedly informing Grant Thornton of suspected fraud at the US investment advisory firm. Additionally, Grant Thornton's Irish arm stands accused of colluding during audits to cover up illicit activities, further tarnishing the firm's reputation.