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Carson Block Calls Sino-Forest a `Near Total Fraud'

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Published on Aug 29, 2011

Aug. 29 (Bloomberg) -- Carson Block, research director and founder of Muddy Waters Research, talks about suspension of trading on Sino-Forest Corp. by Canada's main security regulator amid an investigation that the company has been inflating its China timberland holdings and the resignation of Chief Executive Officer Allen Chan. Block's firm issued a report in June stating that Sino-Forest overstated forestry holdings. Sino-Forest has denied the claims. Block speaks with Matt Miller on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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