[WheelsAtLarge]

Deals between 2 parties are usually entered with the idea that both parties are acting in good faith. It sounds naive after a fraud has been uncovered but we usually expect good things if we enter into a deal. Frank looked like a great aquacition from the outside so the audit was a formality that they had to "endure." Well, this time it was a complete fraud. Which Frank was able to cover up. I bet no one expected it to be so big.

Bottom line it's human to trust. It will always be very hard to uncover deceit when it's part of your business to make sure it continues and work hard to cover it up. Looks to me like the auditors never had a chance.

I'm surprised that the founder didn't just grab the money and moved to a country where there's no extradition. Last I read she was still claiming that the business was 100% legitimate.