Three Chinese companies, listed in the US, have recently been in the news for cooking their books. The revelation that they made up numbers has taken their stocks largely off the trading networks, or dropped them to some serious lows. They’re now called FraudCaps. I list three of them below. China MediaExpress ($CCME) This Chinese [...]

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A number of mails in a few newsgroups I’ve subscribed to go like this: QIP of 71.7 lakh shares made at Rs 625 per share in October 2010- Rs 448 crore Add Cash and Cash Equivalents on March 31, 2010 Net Current Assets-Rs 225 crore PAT For 9…

Posted in Credit Repair, Frauds Comments Off