This case describes revelations of fraud at Luckin Coffee, beginning with an anonymous report in January 2020 and continuing with the company's admission in April 2020 that it had inflated its revenues by 2.2 billion RMB ($310 million), almost half its reported revenue, in the last three quarters of 2019. It was later found that Luckin had arranged false transactions at many of its stores, and that it had sold tens of millions of cups of coffee (through coffee vouchers) to corporate customers with ties to Luckin chairman Charles Lu. It had also falsified supplier payments, creating a loop of fraudulent transactions that inflated both its sales and expenses.

【書誌情報】

ページ数：11ページ

サイズ：A4

商品番号：HBSP-721371

発行日：2020/8/3

登録日：2021/4/14