WeTrade Group Found An Expenditure Of $2M Inconsistent With The 2022 Annual Report from Conducted Internal Investigation

Author: Benzinga Newsdesk | December 01, 2023 03:21am

WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ:WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to offering technical support and digital transformation tools for enterprises across various industries, today announced that the company conducted an internal audit of departing executives and directors and found that the former COO Mr. Zhuo Li and former CFO Mr. Jianda Xu had a huge expenditure of $2 million, which has a lot doubts after investigation. At present, the company has reported the matter to PCAOB and submitted all information of the matter to the Chinese police.

Posted In: WETG