REPORTING FAKE REVENUE SCENARIOS - WHO CAN STOP THAT?What is there in the regularory process to stop fake revenue reporting from happening? Audits come too late and legally it looks like they can get away with such a scam by creating many companies to issue fake revenue and then close down the companies.
Considering Intertainment / yappn are supposed to make hundreds of ecommerce websites, I assume each of those websites will be a registered company. Is this the way it would be done?
And each of those company websites belong to can issue a purchase order to intertainment / yappn / tranzactive / ortsbo for services.
Intertainment / yappn registers the income in the financials.
Can this pump and dump type scenario be possible?