What's the Clue for Fraudulent Companies?

Wite was a German start up in the payment space. The company claimed to be worth $1billion, but its accounts were riddled with false figures. Wite's executives would move money from one bank account to another when auditors came round and asked where they had spent it. They used third party companies which weren't regulated by european regulators. This is how fraudsters hide non existentpro iso, i spent it on businesses in asia.