Author Topic: Phantom $4 Billion Joins Accounting ‘Land Mines’ Shaking Chinese Market  (Read 284 times)


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Interesting article on overstated cash balances.  I have heard of situations in China where bank managers and auditors were bribed to change cash or overlook incorrect amounts.
Forensic Accounting Consulting on public companies. Private Message me if interested.  This can be a good way to avoid blowups.


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Always keep in the back of your head, that you're dealing with the tongs/triads.
You might be able to do a short, but you're not getting your profit out.