Watch Carson Block Present The Latest Chinese Company Where He Sees A 'High Risk Of Fraud'

Short-seller Carson Block, the the founder and research director of Muddy Waters Research, has just released a new research report in the form of a narrated video where he’s alleging a “high risk of fraud” at Fushi Copperweld (Ticker: FSIN).

“We previously took a look at Fushi Copperweld internally because it’s the subject of a troubled go-private bid by its chairman.  Our work on FSIN included factory surveillance and SAIC file review.  Our conclusion is that we believe FSIN presents a high risk of fraud,” Block said in the video. 

Block is best known for releasing a damning report about Chinese timber company Sino-Forest that the company overstated its timberland holdings causing the stock-price to nose dive.

Here’s Block’s so-called “Frauducation” video presentation. 

Muddy Waters – Narrated Frauducation on Fraud School, RINO, FSIN from Muddy Waters on Vimeo.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.