I personally doubt Value Investor can help you spot future frauds. Sounds like he has some type of financial formula he's developed as a bankruptcy predictor. Since he's not sharing it, you aren't going to benefit. Don't feel bad though because its probably is a rough tool anyway, as most financial ratios tend to be. They are right sometimes, wrong at others, and just flat out ridiculous in some cases.
Valueinvestor would have to at a minimum provide a published reseach paper that gives an explanation and validity to his capital ratio. That requires more than some article on a blog. Coming on here and playing a little cat and mouse game about how much he knows and how he can predict future frauds is a bit silly, despite his authorative tone.
That said, one would be reasonable to assume that the input of resignations of auditor, CFO and one independent Director would cause an accounting fraud detection formula to lean positive. But I think we all know that already.
