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 Traders Kopitiam! V6

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oOoproz
post Nov 15 2014, 02:07 PM

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From: Tatooine


QUOTE(johnnyzai89 @ Nov 13 2014, 12:23 PM)
yawn.gif  yawn.gif yawn.gif day againnn
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Just chill, monday only piahh again
oOoproz
post Dec 30 2014, 11:33 AM

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From: Tatooine


QUOTE(gark @ Dec 29 2014, 11:40 PM)
Wah you not so gullible one ah?

Bank and cash Balance in China is VERY easy to be faked, even the bank managers can help out with some 'fees'.

Here is some of the ways they can fool the auditors.. this one is a 'confession' from a singapore listed china company which went bust..
Full article here..

http://www.martinlee.sg/confession-of-an-s-chip-ceo/

More here.. one of the BIG 4 of audit was fooled..after 7 years of audit..
More info how these companies fake cash and account balance

http://www.nytimes.com/2011/05/27/business...?pagewanted=all
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Nice article

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