The Biggest Coffee Scam in History
Red Ink
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The Biggest Coffee Scam in History
2 034 просмотра · 3 недели назад
Red Ink
412 подписчиков
2 034 просмотра · 3 недели назад
In under three years, Luckin Coffee went from one store to a $12 billion Nasdaq company — then admitted faking around $310 million in sales, got delisted, and came back bigger in China than Starbucks. This video covers Luckin Coffee, Starbucks, Muddy Waters, the SEC, round-tripping, voucher fraud, the $180 million penalty, 11,260 hours of surveillance footage, 25,843 receipts, and how a company built on fake customers ended up winning anyway — and now wants back onto Wall Street.
Chapters:
0:00 Intro
0:53 The Rise of Luckin
2:45 The Scam Exposed
6:56 The Fallout
9:40 The Comeback