Missing water sales at collapsed bottler Le-Nature’s lead to probe
NEW YORK: Steven Panagos, the court-appointed custodian of Le-Nature's Inc, searched in vain last November for proof that the water bottling company had US$275mil in annual sales. What he found were two sets of financial records, a trove of jewellery, diamonds, gold watches and toy trains, and as little as US$32mil in revenue.
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