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View Full Version : Two More Chinese Companies Come Under From SEC Over Alleged Fraud - Business Insider



FraudNews
06-14-2011, 04:30 PM
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Business Insider (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGNNxOX3_KB4uhTRlCbq4NrxCalKg&url=http://www.businessinsider.com/china-century-dragon-media-china-intelligent-lighting-electronics-2011-6)
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Two More Chinese Companies Come Under From SEC Over Alleged Fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGNNxOX3_KB4uhTRlCbq4NrxCalKg&url=http://www.businessinsider.com/china-century-dragon-media-china-intelligent-lighting-electronics-2011-6)
Business Insider
"...accounting fraud involving forging of the Company&#39;s accounting records and forging bank statements." MaloneBailey also found "discrepencies in the company&#39;s accounts receivable." Fraud could indicate an error in previously issued financial ...

and more &raquo; (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d4XpN7pFwt_GKlM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGNNxOX3_KB4uhTRlCbq4NrxCalKg&url=http://www.businessinsider.com/china-century-dragon-media-china-intelligent-lighting-electronics-2011-6)