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Folli Follie… Some people are on the pitch, they think it’s all over….it is now! (Almost)

By Tom Winnifrith | Tuesday 24 July 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It seems like just yesterday that burly security guards tried to grab my camera forcing me to flee as I tried to doorstep the 1 billion Euro fraud Folli Follie at its North of Athens HQ. Since then the shares have been suspended, a criminal enquiry began, the former auditors have admitted that 2017 accounts were pure fiction and now… Folli has put itself into the Greek equivalent of Chapter 11.

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