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1manband

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1manband

Re: bar1080 post# 217762

Monday, 12/18/2023 9:55:07 PM

Monday, December 18, 2023 9:55:07 PM

Post# of 221943
The Ebix bankruptcy will be interesting, as it might uncover some of the issues that Hindenburg wrote about.

Their auditor is a smaller firm in India, and they were just sanctioned by the PCAOB in August of this year for some pretty serious violations. The types of violations that could easy allow fraudulent revenues and assets to slip through.

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-k-g-somani-co-llp-engagement-partner-for-violations-of-audit-quality-control-standards
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