[Steely Tom]

You can overstate income for a year or two but eventually it becomes obvious that the income generated doesn’t exist in any hard assets.

What if the company's business is illusions and make-believe?

[Tucker39]

Wouldn’t the true finances be reflected in stock dividends, etc? By overstating incomes and profits, wouldn’t dividends, etc. have to correspond to the stated figures, or appear to be out of kilter? Somebody should have smelled a rat. What about audits? I’m inclined to not believe the Whistle Blower. Vendetta, anyone? Hmmmm?

[Raycpa]

Like Enron. It’s less likely but not impossible.