When ad rates are set by the number of customers, then the income is directly influenced by the allowance of fake accounts, thereby inflating revenue based on known fraudlent data. Wouldn’t that count as cooking the books?
I’ve not been in a financial audit role, so I’m asking a real question to which I do not have the answer.
Ad rates have nothing to do with the accuracy of the financial statement.
It’s analogous to saying the job you have affects the accuracy of your bank account statement. It’s can’t. You can increase the funds in the account or decrease the amount taken out, but none of this affects the “accuracy” of the accounting numbers.
It’s ripping off the ad buyers but also Share Holders which is even worse because of regulations and huge sums of money are in play.
Perhaps charges are in order for the Board of Directors. That’s too bad. 😆🤣😂