Stenn Collapse Triggers FRC Audit Probe Into Deloitte and Azets
The Financial Reporting Council (FRC) has launched a formal investigation into Deloitte and Azets over their audit work for Stenn, a UK-based fintech lender that collapsed after concerns emerged around suspicious transactions and alleged Russian money laundering connections. Stenn, once valued at nearly $1 billion, operated by providing cash advances to small and medium-sized businesses […]
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