The level of fraud in company accounts, if properly audited, would be staggering. No distinction between personal and corporate. Leverage on leverage. Sales round-tripping. Discounts booked as profits. Off the books deals between shareholders and companies. No board meetings or board minutes. No independent directors. Inflated inter-company trading. Etc etc. It’s the big short, except some of these are multi-billion $ companies, not micro caps reverse takeovers etc.