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Hindenburg Research – Investigative Research & Reporting
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About Us – Hindenburg Research
Founded by Nate Anderson, CFA, CAIA, Hindenburg Research specializes in forensic financial research. While we use fundamental analysis to aid our investment decision-making, we believe the most impac...
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Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History
GET OUR LATEST REPORTS DELIVERED TO YOUR INBOX Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Gr...
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Our Reply To Adani: Fraud Cannot Be Obfuscated By Nationalism Or A Bloated Response That Ignores
On January 24 th, we released a report outlining numerous issues of suspected fraud at the Adani Group, the 2 nd largest conglomerate in India run by the world’s then-third richest man. Hours ago, Ada...
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Block: How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out
GET OUR LATEST REPORTS DELIVERED TO YOUR INBOX Block Inc., formerly known as Square Inc., is a $44 billion market cap company that claims to have developed a “frictionless” and “magical” financial tec...
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Ideanomics Walks Back 1m Sq Ft Claims Today; Our Visit To IDEX’s “MEG” Facility Shows Zero Company
Yesterday, we issued research on Ideanomics that showed: The company doctored images of its supposed electric vehicle sales operation (called the “MEG” center) to make it seem as though the company ow...