A new financial research group, Anonymous Analytics has released a report accusing Chinese firm Chaoda Modern Agriculture of “”. The company is one of China’s largest fruit and vegetable suppliers. The group alleges that Chaoda’s management has funnelled more than $400 million out of the company through false accounting and payments to shell companies. Hong Kong’s government announced an investigation into the company on Monday, shortly before the release of the Anonymous report, leading its shares to fall by 26 per cent before being suspended from trading.
Source: https://thehackernews.com/2011/12/corporate-fraud-vs-anonymous-analytics.html