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$30 Billion of Shareholder Losses with One Thing in Common
In 2020 Wirecard, Luckin Coffee and NMC Health collectively cost shareholders $30 billion dollars in 2020. All three were accounting...
fraud
NMC Uncovers an Additional $2.7 Billion of Debt
After previously reporting $2.1 billion of debt, NMC Health PLC has since had to revise this number for an unexpected and unknown su...
accounting
fraud
Accounting Fraud in Plain Sight: Parmalat
An article in the FT argues that some instances of accounting fraud should be easier to identify. One example was particularly enter...
fraud