Fraser Perring | FinTelegram News

Tag: Fraser Perring

October 24, 2023

The ‘Israel Puppy” Controversy: The Voicemail Saga Of Shortseller Fraser Perring

The financial domain is a theater where reputations can soar to towering heights or plunge into abysmal depths within a blink, especially in today's digital epoch, where information, authentic or doctored, races across the globe in an instant. A recent uproar involving an alleged leaked voicemail by short-seller Fraser Perring of Viceroy Research has catapulted into a tempest of dispute, PayNews42 reports.

Shortseller

July 21, 2023

Viceroy Short-Sellers Target Swedish Hexagon With Fraud Charges!

The short-sellers around Viceroy Research and Fraser Perring have a new target: Hexagon AB, a multinational technology group for metrology and geoanalytics controlled by Melker Schörling, the majority shareholder and determining voting shareholder. In new research, Viceroy Research concludes that Hexagon is run by a "corporate dictatorship." Moreover, Viceroy believes management has committed fraud.

Shortseller

May 23, 2023

The Short-Seller Battle Around Japanese Abalance Continues On Twitter!

Viceroy Research's new short-seller battle against Japan's Abalance continues. As usual, Fraser Perring and his comrades are using Twitter (#Abalance) as the battleground to create pressure to send Abalance's stock south. That's their business model. So far, the success has been manageable. Although the stock plunged nearly 30% after the release of the first report on May 17, 2023, it recovered somewhat and is down just under 25%.

Shortseller

May 9, 2023

Viceroy Shortsellers Seem To Be Right About Swedish Real Estate Developer SBB

SBB's annual report was not coherent. He accused SBB and its CEO, Ilija Batljan, of misleading and defrauding investors (reports here). On Monday, S&P Global Ratings downgraded Stockholm-based SBB, one of Europe's most indebted real-estate developers, to junk status. On Twitter, Perring said that the downgrade brings Barljan to the verge of bankruptcy:

April 26, 2023

Cevdet Caner: The Austrian Behind The Troubled Adler Group!

Since 2021, listed German real estate firm Adler Group has been under fire from short-sellers at Viceroy Research and Fraser Perring. In their analyses, Adler Group is described as a fraudulent scheme that the Austrian Cevdet Canar would control. In July 2022, Caner became the head of Aggregate Holdings SA, one of the largest shareholders of Adler Group. Caner already has a wild entrepreneurial past with several bankruptcies and criminal proceedings. Here is his portrait.

Shortseller

April 25, 2023

Good News For Shortsellers: German Adler Group With Record Loss!

The short-sellers around Viceroy Research and Fraser Perring were right with their analyses. The struggling German real estate group Adler Group announced a 2022 loss of almost €1.7B due to a devaluation of the real estate portfolio and value adjustment on receivables. In 2021, the company reported a net loss of almost €1.2B. The Adler Group has been under fire from Viceroy Research for several months. Perring considers the Turkish-born Austrian Cevdet Caner to be the beneficial owner.

Shortseller

April 5, 2023

He Did It Again! Short Seller Fraser Perring Was Right With German Adler Group!

The short-seller Fraser Perring was instrumental in the collapse of Wirecard. He uncovered many inconsistencies in the infamous Zatarra Report. He also alleged fraud and manipulation at the German real estate group Adler Group. Now the German real estate group faces an insolvency scenario and has to restructure. The share price has already fallen by over 90% this year. Once again, Fraser Perring was on the right track.

February 15, 2023

Scandal: Old Money Laundering & Fraud Complaint Against Wirecard Unearthed!

On March 4, 2010, the Munich I Public Prosecutor's Office received a report with a lot of explosive power that could have an impact on the current Wirecard trial. "Criminal complaint for money laundering in the billions against Wirecard AG, Management Board Markus Braun," is the (translated) title of the new complaint, the Austrian Kurier reports. It states that Wirecard's entire business model "is based on the processing of highly profitable but illegal transactions."

February 7, 2023

Short-Seller War: The Anadi Group Scandal And Hindenburg Research Report Rock Twitter!

On 24 January 2023, Hindenburg Research revealed the findings of a 2-year investigation and presented evidence that the Indian conglomerate Adani Group with a stock market valuation of around $218 billion, has engaged in a stock manipulation and accounting fraud scheme over decades. Gautam Adani, founder and chairman of the Adani Group, allegedly added over $100 billion in net worth in the past three years, mainly through stock price appreciation in the group’s seven key listed companies.

December 2, 2022

Popcorn Days: Wirecard Trial Starts With Open Questions About Its Shadow Structure!

The Wirecard trial begins on 8 Dec 2022. The main question will be: Who is responsible for the scandal? Markus Braun, the founder and former CEO, Oliver Bellenhaus, managing director of Wirecard Dubai, and the former head of accounting, Stephan von Erffa have to answer critical questions! Braun and his accomplices are alleged to have operated Wirecard as a criminal organization, the indictment says. The court has scheduled 100 days of hearings. In an underground courtroom.

High-risk payment processors

November 1, 2022

The Untold Story From Wirecard And Powercash21 To Payabl

The Powercash21 scheme is already over 20 years old and was created parallel to the collapsed Wirecard. At that time, the buzzword fintech was not even known. The domain www.powercash21.com was registered in 2000 by Ruediger Trautmann even before he became COO of Wirecard in 2005. From 2001, the website was operated by the German Inatec Group. Among others, the former Wirecard manager Dietmar Kuhl acted as managing director at Inatec. In or around 2011, the Cyprus-registered Powercash21 Limited then took over the website's operation.

Investment Schemes

October 2, 2022

Another Short Seller War Against Swedish Real Estate Company SBB

The Swede Ilija Batljan founded the real estate company Samhällsbyggnadsbolaget (SBB) in 2016. It claims to be one of Sweden's biggest real estate companies, listed on Nasdaq First North. Batljan is the company's CEO and came under pressure after another report by Wirecard hunter Fraser Perring and his Viceroy Research uncovered irregularities in the company's cash. In part, SBB had to admit to the allegations. A battle between Perring and Batlja is currently taking place on Twitter.

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.