June 16, 2011
Chinese Fraud Cases: Investors not swayed by securities fraud cases involving Chinese companies
According to an article featured by Forbes, despite the numerous securities fraud lawsuits filed against Chinese companies traded in the U.S. market, long-time China investors who seem to be aware of the alleged accounting fraud in corporate China will continue to invest in that market.
The article highlights a list of 27 new securities and consumer fraud cases referenced on Motley Rice's website, 11 of which are against Chinese companies such as Sino Clean Energy, Inc.
Read the full Forbes article on Chinese company fraud cases.
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