GLOBO Plc – A Few Lessons From A Company "Fraud"

A Few Lessons From A Company "Fraud" - What I Have Learned From The Case Of GLOBO PLC by Anton F. Balint

The recent storm caused by the AIM listed GLOBO PLC (LON:GBO), the mobility enterprise developer and provider which is investigated for market abuse, accounts falsification and insider dealing does not come without important lessons for all its shareholders and other market participants that look for exciting opportunities. The company is currently under investigation by the Financial Conduct Authority, the Serious Fraud Office and the City of London Police, according to Investors Chronicle (30 October – 5 November 2015 Issue).

While it is true that investing in the stock market naturally involves unknown risks,...