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Podcast: Global Value
Episode: The World's Biggest Fraud
Description: Lasertec Corp (TSE:6920) $6920, is one of the largest Japanese corporate stock frauds in history and easily the biggest frauds in the world by average daily trading volume according to a new short report from Scorpion Capital.
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Scorpion Capital is short Lasertec, Japan's most actively traded stock, that they claim is a colossal fraud and ticking time bomb, reminiscent of Olympus, Toshiba, and other infamous accounting scandals.
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