A high-growth coffee chain based in China announced yesterday that it "fabricated" $300 million in sales during 2019. This figure represented roughly half of the company's sales for a 9-month period.

Interestingly, an anonymous report about the coffee chain publicized earlier this year, questioned the company's accounting. The report's author claimed to use an astounding 1,500 full-time and part-time employees to record many thousands of hours of store traffic. Needless to say, the scale of this type of effort is very time consuming and expensive.