2CRSi publishes independent expert report rejecting Grizzly Research revenue fabrication claim

2CRSi appointed an independent expert to investigate Grizzly Research's allegations of fabricated revenue. The expert's report, presented to the Audit and Risk Committee, rejected the core claim of revenue fabrication but identified significant internal control deficiencies and documentation gaps, while confirming receipt of pre-delivery cash for a €110 million order with an unusual structure.

Detected & updated continuously · Source: Nebula