Tag Archives: Markets

Fraud at China’s Luckin Coffee is a warning to investors

Charles Zhengyao Lu, President and Founder of Luckin Coffee, and Jenny Qian Zhiya, CEO of Luckin Coffee, ringing the opening bell during the company’s Initial Public Offering (IPO) at Nasdaq in New York on May 17, 2019. Victor J. Blue | Bloomberg | fake pictures The Luckin Coffee fraud scandal …

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