Hurb's unpaid hotels stranded travellers as the platform filed a consumer-agency plan
The Brazilian travel platform's failure to pay hotels and pousadas cancelled bookings for thousands; its CEO quit after insulting customers online.
Read the caseBusiness failures, costly decisions and the lessons they leave behind.
The full archive, in the appThe Brazilian travel platform's failure to pay hotels and pousadas cancelled bookings for thousands; its CEO quit after insulting customers online.
Read the caseCafé del Plata and five sister firms asked a São Paulo court to rework R$127 million in debts after the mall-heavy café model and cheap debt caught up.
Read the caseThe 2013 crash of Blumont, Asiasons and LionGold wiped $8 billion off the SGX; the scheme's seed funder and finance manager pleaded guilty and got 36 months.
Read the caseThe agency charged pandemic-hit customers $300 per person to cancel, then waived it under regulator and legal pressure — giving up about $80 million.
Read the caseFedders booked fictitious trade with related entities under common management; a CBI FIR later alleged ₹1,029 crore of bank fraud.
Read the caseAn EY employee reported Wirecard fraud and a bribery attempt in 2016; the probe was shut down at Wirecard's behest and EY signed clean audits until 2018.
Read the caseKyobo Life's put-option fight with its PE holder ended with prosecutors indicting three Deloitte accountants and two investors over a 409,000-won valuation.
Read the caseA nylon running hood made for Muslim joggers at Moroccan customers' request was suspended in France within days after politicians called it anti-secular.
Read the caseThe Australian buyer's agency entered voluntary liquidation on 28 May 2026, leaving at least 700 clients as unsecured creditors after big up-front payments.
Read the caseSeven years after entering India, the world's No.2 dairy player shut its dairy business there — premium pricing and cold-chain costs never cracked the market.
Read the caseBEL Bracken simulated $133 million of purchases with circular bank transfers and false invoices, harvesting GST refunds in New Zealand's biggest tax fraud.
Read the caseThe first club in any sport to pass US$1bn in revenue shopped at the top of every market, skipped the future stars, and priced itself into a debt crisis.
Read the caseAustralia's 50-year barbecue retailer entered administration in February 2026 after $30 million of losses across three years.
Read the caseNearly 9 million people applied for Bajaj Housing Finance's 2024 IPO and 16% of bids failed — the worst rejection rate since the 2022 LIC offering.
Read the caseThe prime minister's 'she can go' ended Christine Holgate's tenure over gifted watches; a Senate inquiry later found she was denied natural justice.
Read the caseThe farm-to-door pioneer expanded into full groceries in 2016 while losing $1M-plus a month; in March 2018 it entered administration and shut immediately.
Read the caseAstaka's management called RM125 million of contractor demands immaterial and misled its own audit committee — SGX ordered its executive director out.
Read the caseFounded by two teenagers with A$3,000, the app developer hit 350 staff and US$19M revenue — then liquidated days after its Forbes-listed fame.
Read the caseA currency-conversion error left fares live for 12+ hours on ANA's Vietnam site; ANA first promised to honour them, then cancelled and refunded everything.
Read the caseCFO Lulu Lim Beng Kim submitted unaudited, false financial statements that won trade financing from 16 institutions — losses 'unprecedented and staggering'.
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