Concerns of Fraud and Inadequate Auditing by Marcum LLP Surround $RILY Financial Practices

HiddenPivots@HiddenPivots

2 years ago

$RILY 🚩🚩 Bearish Price Objective = $6 @AlderLaneEggs @FriendlyBearSA @AureliusValue https://t.co/v60VX5AdYe https://t.co/ZIYOfTStRD

$RILY after they did not disclose the shares pledge in the 10-K, it's obvious they are hiding things! BUT: is Macrum really putting his almost non-existent reputation on the line, and sign the audit? this is the right time to get involved! @AlderLaneEggs @FriendlyBearSA https://t.co/mG3MPy79pM

The Friendly Bear@FriendlyBearSA

2 years ago

Due to cross default clauses and fraudulent reps, it is almost certain the Kahn loan was in default all of 2023. Therefore $RILY needs to restatement 2023 financials at the very least. Even if $RILY claims it did not previously know about Kahn's defaults (lies), it knows now.