The Top 5 Most Scandalous Frauds of 2024 - John Warren - Fraud Talk - Episode 152
Fraud Talk
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The Evergrande Scandal: A Deep Dive into Fraud and Fallout
This chapter explores the financial statement fraud scandal involving Evergrande, detailing the company's inflation of revenues by $78 billion and the subsequent repercussions for its leadership and investors. It also examines the role of PricewaterhouseCoopers in the auditing process and the need for improved regulations in the auditing industry to restore trust and stability.
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Transcript
