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Wifi firm Gowex says results fake, heads to bankruptcy
Muhammad Iqbal
06 Jul, 2014
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![](https://i.brecorder.com/images/2014/07/madrid56.jpg">MADRID: Spanish free wifi provider Let's Gowex revealed on Sunday its accounts have been falsified for at least four years and said it is filing for bankruptcy protection.</P><P>Gowex, which offers wifi services in world capitals including Paris and New York, made the devastating admission after days of protesting that a damaging US report on its operations was incorrect and defamatory.</P><P>Gowex president Jenaro Garcia Martin informed his board the previous day that, in fact, he had faked the company's results, the firm said in a statement released by Madrid's Alternative Equity Market.</P><P>)