Freedom Holding: The Red Flag Factory In Belize
Freedom Holding Corp (NASDAQ:FRHC) has some explaining to do. Q2 2021 hedge fund letters, conferences and more The financial services firm has quite improbably become one of the fastest growing companies on the planet. It lists its shares on the Nasdaq, is incorporated in Las Vegas, but for all intents and purposes runs its operations mostly in Kazakhstan. As a December investigation by the Foundation for Financial Journalism showed, Freedom Holding’s ballooning profits have resulted from baffling and opaque business practices that its management is not keen to discuss. Among the arrangements ...