In case anyone is wondering what these posters are talking about see link below. Investors rely on company announcements and quarterly activity reports and cashflow reports to make investment decisions and need to be able to be confident the reports are truthful. The link is not about EUR but just highlights that this sort of thing does go on. Falsifying bank accounts is a shocker and something you would not expect on the extreme in the case in question.
Once again I want to stress that this has nothing to do with EUR but it is relevant in the sense that investors do need to be careful about taking director statements as gospel. This means any company, not EUR in particular.
Former WA mining boss’ ‘lieutenant’ jailed over role in $2 million heist (watoday.com.au)
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