---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-098621"
form_type: "8-K"
ticker: null
cik: "0000854800"
company_name: "Tingo Group, Inc."
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:40:18.271712+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Tingo Group non-relied on FY22 and 2023 Q1-Q3 financials after SEC fabrication allegations

## Summary
- SEC filed complaint on Dec 18, 2023 alleging fabricated financials since at least 2019.
- Audit Committee concluded Dec 23 that FY22 10-K, Q1-Q3 2023 10-Qs, and Tingo Foods PLC statements are unreliable.
- Further investigation underway with legal counsel, building on prior short-seller probe completed Aug 30, 2023.
- Management discussed the matter with auditor Deloitte Israel (Brightman Almagor Zohar & Co.).

## SEC filing metadata
- accession: 0001213900-23-098621
- form_type: 8-K
- cik: 0000854800
- company_name: Tingo Group, Inc.
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854800/000121390023098621/0001213900-23-098621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854800/000121390023098621/ea190695-8k_tingogroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-098621
- JSON: https://secwatch.observer/filing/0001213900-23-098621.json
- Plain text: https://secwatch.observer/filing/0001213900-23-098621.txt

## Key facts
- Auditor Changes
  Tingo Group, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Brightman Almagor Zohar & Co.
  source text: ndependent registered public accounting firm, Brightman Almagor Zohar & Co. (“Deloitte Israel”), as well as the Company’s consolidated financial statements for the first quarter of 2023 included in the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2023, its consolidated financial statements for the second quarter of 2023 included in the Company’s Quarterly Report on Form 10-Q for the six and three months ended June 30, 2023 and its consolidated financial statements for the third quarter of 2023 included in the Company’s Quarterly Report on Form 10-Q for the nine and three months ended September 30, 2023 and the financial statements of Tingo Foods PLC for the period from August 11, 2022 (inception) to the year ended December 31, 2022 and associated report of Deloitte Israel included in Form 8-K/A dated April 27, 2023 should no longer be relied upon. The Comp
  evidence_url: https://www.sec.gov/Archives/edgar/data/854800/000121390023098621/0001213900-23-098621-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.