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Grenke AG (XTRA:GLJ): For Your Fraud Financing Needs. Viceroy’s report is now live. We put the spotlight on Grenke’s chicanery; swindling small businesses, laundering money for criminals, & accounting fraud.

viceroyresearch.org/2020/09/15/gre…

#Grenke #fraud $GLJ #thread 1/n
THE COVER UP: Grenke’s global expansion through purchase undisclosed related party franchises is a fraudulent scheme perpetrated on a mass scale, designed to hide fake cash or enrich insiders, or both. $GLJ 2/n
>€100m of acquisitions made by Grenke since 2011 were from undisclosed related parties controlled by Grenke executives and other insiders. These transactions are similar to Wirecard, Lernout & Hauspie and Steinhoff playbooks. $GLJ $WDI $SNH 3/n
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