Dgw Law Sucks Customer Reviews and Feedback
Duoyuan Global Water (NYSE: DGW) is a China-based company that specializes in manufacturing water and wastewater treatment equipment. Duoyuan has been around since 1992, providing over 100 types of products and treatment solutions for municipal, industrial, residential, and agricultural water systems. Over two decades ago, Duoyuan created the first water treatment apparatus in China, and it has since won awards for its important products and treatment mechanisms.
Muddy Waters wrote in its research report on "The Street" in 2011:
"DGW is a massive fraud, overstating revenue by over one hundred times. Our extensive surveillance of DGW's factory confirms our revenue estimates. DGW shows little evidence of using investor funds for capital expenditures. Its claimed distribution network is a sham."