CN NASDAQ
Luckin Coffee Inc.
Chinese coffee chain that fabricated over $300M in retail sales through sham corporate voucher purchases and circular bank payments.
CORPORATE IDENTIFIERS & DOSSIER
- Entity Name: Luckin Coffee Inc.
- Country of Domicile: CN
- Listing & Ticker: NASDAQ (LKNCY).
- CIK / LEI Identifier: 0001767582.
- Industry Classification: SIC 5810.
- Enforcement Episodes: 1 primary case dossier(s) in this library.
PRIMARY ENFORCEMENT CASES INVOLVING LUCKIN COFFEE INC.
1 CASE DOSSIERS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| Luckin Coffee: $300M Fabricated App Sales and Circular Cash Scheme | Settled, neither admitted nor denied | fictitious revenue | $311.0M | $180.0M | September 20, 2022 |