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Story summary
- XCMG faces civil lawsuits in Canada alleging fraud through serial-number tampering.
- Dealer Ryan Martin testified that equipment quality declined after 2021.
- In July, a Saskatchewan dealer sued XCMG for unlawful serial-number tampering on equipment sold in Alberta.
- LTR Equipment in Quebec and an Ontario lift company also filed cases alleging serial-number tampering.
- XCMG Canada is defending the fraud claims after saying Arctic Machinery bought about $18 million of inventory unpaid.