Frauds: Insurance cos lose over Rs 15,000 cr

The insurance sector seems to be the most vulnerable to frauds as companies are losing a whopping over Rs 15,000 crore (Rs 150 billion) every year due to exaggerated claims by customers or agents,......

Corporate frauds: A shocking revelation

A study called 'Early Warning Signals of Corporate Frauds', conducted by the Pune-based Indiaforensic Consultancy Services, a forensic accounting and education firm, from January 2008 to August......

MNCs queue up to Certified Fraud Examiners

In a bid to safeguard their firms against fraud, many multinational companies are contacting Certified Fraud Examiners for checking their accounts and financial transactions. The move, experts......