3min chapter

Odd Lots cover image

How to Spot a Fraud When Everyone's Against You

Odd Lots

CHAPTER

The Rule of Financial Journalism Is Never Trust the Auditor

Sor wyacart has been accused of accounting fraud. The company's auditors for a decade are e y, and they bring in this new lot from k p n g. They all fly to manila, and why i cant told them, yes, we do have lots of cash. We've got this one point nine billion uros of cash, but it's not in our bank accounts. It's in special bank accounts in the philippines, managed by a lawyer.

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