Monday, April 27, 2020

Scrutiny mounts on China#39;s Luckin Coffee as market regulator inspects

Scrutiny mounts on China#39;s Luckin Coffee as market regulator inspects The China Securities Regulatory Commission announced earlier this month that it would investigate claims of fraud at Luckin after it announced an internal investigation had shown its chief operating officer and other employees fabricated sales deals worth about 2.2 billion yuan ($310.77 million).

from Moneycontrol Business News https://ift.tt/3bIeQVE

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