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The accounting firm that reviewed the financials and performed audits of the defunct New London Security Federal Credit Union’s records has denied claims that it failed to detect fraudulent activity, an allegation made by NCUA in a March 19 complaint.

According to several media reports, Beller, Shepatin and Co. PC, Robert Shutsky, an employee at the accounting firm, and Ed Lorah and Associates LLC, which was a successor firm, filed a June 11 response denying the NCUA’s claim of professional malpractice. Marisa Lanza and Andrew Pisanelli, the defendants’ attorneys, according to local publications, did not return calls to Credit Union Times.

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