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by alexriddle
1163 days ago
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Reading the latest update from the bankruptcy, regulation and enforcement definitely would have helped - I suspect any appropriate auditor conducting a thorough audit would have very quickly realised that the business lacked any controls at all on expenditure (amongst many other issues). Instead, their auditors claim they stand by their work as they weren't asked to audit any internal controls. For a company with billions in customer deposits, that should never have happened. |
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As it did in Japan, where the customers already got their money back.