d.muddywatersresearch.com
MW is Short China Internet Financial Services (NASDAQ: CIFS) - Muddy Waters Research
We conclude that China Internet Financial Services Inc. (NASDAQ:CIFS) is a King Zero – just another worthless China fraud. We believe zero to almost none of CIFS’s purported business is real. PRC financials show that CIFS overstated its 2016 revenue by 5x. Every one of the purported borrowers to which CIFS disclosed having made loans …