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China Medical Technologies—Is This Another Chinese Fraud?
Tuesday, December 6, 2011 - 12:35pm | 531Glaucus Research released an explosive report exposing alleged fraudulent transactions on the part of China Medical Technologies (NASDAQ: CMED). Compelling evidence suggests that CMED deliberately overpaid—to the tune of $20-23 million—for a company which its own Chairman was a stakeholder. The...