Hall of Shame
China Fiber Optic (3777 HK)
In Aug 2015, Emerson Analytics published a report accusing China Fiber Optic of exaggerating its revenue by fabricating sales, inflating average selling price, and lying about quality of products. It is estimated that its revenue was exaggerated by 410x, and its profits 13x.
Emerson Analytics: China Fiber Optic - Shocking Lies, 7 Aug 2015
China Fiber Optic: Annual Report 2014