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Lying About $1.6Billion Food Processing Facility, Telecom Operations In Nigeria, Ghana, PhD From Malaysian Varsity, Others –Report An investigation by Hindenburg Research has found that Tingo Group, founded and spearheaded by “Dozy” Mmobuosi, CEO of the key holding company entity is an exceptionally obvious scam with completely fabricated financials. Tingo Group which is headquartered in |

An investigation by Hindenburg Research has found that Tingo Group, founded and spearheaded by “Dozy” Mmobuosi, CEO of the key holding company entity is an exceptionally obvious scam with completely fabricated financials. Tingo Group which is headquartered in New Jersey, United States of America, claims to have several business segments focused on providing mobile phones, food processing and an online food marketplace for farmers primarily located in Nigeria.

In 2019, Dozy claimed to have begun an airline operation as he post on social media messages encouraging customers to patronize his airline.

Initial Disclosure: After extensive research, we have taken a short position in shares of Tingo Group Inc (NASDAQ:TIO). This report represents our opinion,

Tingo Group, a Nigerian Agri-Fintech, has seen its share price plummet by -55% on NASDAQ after Hinderberg Research reported it as a scam.