Have any members here or other third party entities performed physical deep audits of these facilities?
It’s an extremely attractive business proposition for a grand scam that by the time you’re figured out, the situation will surely be murky, the victims will all be dead, and very likely so will you.
Remember when CAT company got scammed in China? The company was publicly traded, due diligence from 2 of the big 5 consulting firms, etc. Still CAT bought 600 Million dollars of a company with facilities and equipment that didn’t exist (ERA Machinery), known to be China’s biggest manufacturer of Coal mining equipment.
I know Arizona isn’t China, but the setup circumstances in this industry sure seem ripe for a grift, don’t they?
Have any members here or other third party entities performed physical deep audits of these facilities?
It’s an extremely attractive business proposition for a grand scam that by the time you’re figured out, the situation will surely be murky, the victims will all be dead, and very likely so will you.
Remember when CAT company got scammed in China? The company was publicly traded, due diligence from 2 of the big 5 consulting firms, etc. Still CAT bought 600 Million dollars of a company with facilities and equipment that didn’t exist (ERA Machinery), known to be China’s biggest manufacturer of Coal mining equipment.
I know Arizona isn’t China, but the setup circumstances in this industry sure seem ripe for a grift, don’t they?