Kmart
Ripoff
- 03-04-2006
- 2
Lost $10,548 in kmart stock before bankrupcy.
Accounting fraud of understating real-estate value involved. Leaders and scamsters made a fortune and ripped off the investors. Later re-issued stock which traded from pennies formerly to over $100 per share. Pure sca.investors duped, cheated and ripped off. Guys who pulled off scam live in mansions.invesors left pennyless.
Company: Kmart
Country: USA
State: Michigan
City: Troy
Site: www.kmart.com