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View Full Version : How Muddy Waters spots fraud in China - CNNMoney



FraudNews
05-02-2012, 03:17 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFq93Dx0ra2Wu7pQvl22i F0oTgpXQamp;url=http://money.cnn.com/2012/05/02/markets/muddy-waters-carson-block/bHow Muddy Waters spots bfraud/b in China/b/abr /font size=-1bfont color=#6f6f6fCNNMoney/font/b/fontbr /font size=-1After digging into the company#39;s financial documents and visiting a manufacturing plant, Block issued a report calling the company a bfraud/b, alleging that it misappropriated tens of millions of dollars and overstated its revenue, assets, inventory and b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d8qIx6Hdui3c_0Mnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNFq93Dx0ra2Wu7pQvl22iF0oTgpXQ url=http://money.cnn.com/2012/05/02/markets/muddy-waters-carson-block/)