[rixrax]

Hin Leong[0] is about to go the way of wirecard with a ’hole’ of mere $3B USD.

I’ll hazard that we’re seeing only the firsts in a wave of [cooked up] companies imploding.

[0] https://www.wsj.com/articles/massive-forgery-helped-hide-3-b...

[hef19898]

COVID-19, and the accompanying economic down turn has a, hopefully positive, side effect. it exposes all the fault lines, all the cracks and quite a few high level crooks. In business, finance, society. Let's keep fingers crossed that longterm effects aren't too severe.