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  "documentTitle": "KE Holdings (BEKE)",
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  "authorName": "Carson C. Block",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-12-16 00:00:00",
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  "notes": "The slide uses a table to calculate the percentage of dispatched workers and follows with a narrative account of a store visit to support the claim of fraudulent agent reporting.",
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      "text": "This unorthodox offer suggests that the number of agents on BEKE’s platform could be inflated by buyers disguised as employees.",
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      "text": "dispatched workers: 28.5%",
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      "text": "If BEKE is misleading investors with fake revenues, GTV, stores and agents, how does it account for the fake cash produced by such fraud on its balance sheet?",
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      "text": "In our opinion, the dramatic inconsistency in BEKE's disclosed employee count from quarter to quarter in its SEC filings corroborates the evidence we found...",
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      "text": "One further piece of corroborating evidence emerged unexpectedly during a store visit. One of our investigators approached a Deyou brokerage as a potential buyer of a property...",
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