Hall of Shame
China Green Agriculture (CGA US)
In Sep 2010, Alfred Little raised questions on the company's purchase of greenhouse land and the amount of VAT it paid. It believes that the actual purchase price is $17.35m, a quarter of the amount reported.
In Oct 2014, the GeoTeam published more reports accusing the company of overstating sales and revenue, applying questionable accounting practices and fabricating the existence of a strong distribution network.
SEC investigated the company and did not recommend any charges. Multiple class action complaints were filed against the company but were later dismissed or settled.
 Seeking Alpha: China Green Agriculture Fails to Answer Questions Raised by IFRA, 3 Sep 2010
 Seeking Alpha: China Green Agriculture's Imaginary Fertilizer Production And Vanishing Cash, 1 Oct 2014
 Seeking Alpha: Where Are China Green Agriculture's 26,175 Branded Stores?, 16 Oct 2014
 US District Court: Legal Document, 13 Jun 2011
China Green Agriculture: Annual Report Jun 2010