
After grinding investigation, Luckin Coffee confirms $300 million revenue fraud
https://techcrunch.com/2020/07/01/after-grinding-investigation-luckin-coffee-confirms-300-million-revenue-fraud/
Luckin Coffee’s drips and drops of news the past few weeks — including a boardroom feud that is pitting the company’s chairman against a special investigation committee looking into an alleged massive fraud — is now turning into a flood.
Luckin Coffee will unluckin’ly delist from Nasdaq following fraud allegations