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Fundas : Financial Shenanigans Part 1: Manipulating Revenues


This is a quick note to the shady promoter community. If you're looking to hoodwink the public investors then this series is for you. It will help you find interesting and time tested techniques to hide bad performance, create earnings out of thin air and find more people to dump your stocks on.

This is also a quick note to investors. Read the above paragraph.  

Financial shenanigans are actions taken by companies to misrepresent their financial performance. These actions by managements mislead the users, some of them being . . .

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