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A 60% fraud rate for Crowe Horwath Associates on the AIM casino – Enquiry & suspensions needed now!

Tom Winnifrith
Thursday 13 August 2015

Auditors Crowe Horwath Associates have performed the local audit for five China AIM casino companies and at three we have already seen wholesale fraud as purported cash balances either were made to disappear or never existed at all. The Financial Reporting Council, FCA and the oxymoron that is AIM Regulation need to act NOW and shares in Camkids (CAMK), Jiasen (JSI), and Asia Ceramics (ACHP) must be suspended at once.

The companies where we know that there has been fraud and which got clean bills of health from CWA were: Naibu (NBU) –delisted -, Sorbic International (SBI) – delisted - and

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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