BREAKING
alt ex-CFO admits accounting fraud
0B yen
Inflated sales
0B yen
Fictitious total
0%
Of disclosed revenue
Reported vs actual sales, FY2024
Reported6.057
Actual1.09
How the padding worked
1Own funds sent out
2Via ad agencies
3Booked back as sales
Delisted, AI GIJIROKU shut down
Focus turns to sentencing, auditors
AI NEWS BLITZ
The former CFO of Japanese AI startup alt has admitted his role in an accounting fraud.