US regulators have hit Luckin Coffee with a $180m penalty after finding that the scandal-plagued Chinese chain altered bank records and set up a fake database as part of an effort to fabricate its accounts.
The Securities and Exchange Commission on Wednesday charged the company with defrauding investors by materially misstating revenue and expenses, inflating its growth rates and understating its losses.
Luckin agreed to the settlement, which is subject to court approval, without admitting or denying the allegations.
您已閱讀22%（520字），剩餘78%（1814字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。