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R&D Fraud

The 1nm Illusion: How a $70M State Subsidy Vanished into the Cayman Clouds

Status: Critical Fraud // Umbrella Investigation THE 1NM ILLUSION Juneng Tech // $70M Subsidy Heist Audit AUDITOR: QUEEN-31B FORGE CASE ID: #JN-SUB-2024 TRACING: CAYMAN-HK-SEASIA Clue 01: Subsidy $70M (500M RMB) subsidy approved. Initial $28M paid to "Cayman Oasis Holdings". Clue 02: Power Bill "Cleanroom" A1 used 12k kWh
29 Apr 2026 1 min read
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