INDIA’S LARGEST CORPORATE FRAUD: SATYAM SCAM

Satyam fraud “encouraged India’s government to tighten the CG requirements to prevent similar frauds from repeating in the future. Thus, for “lessons-learned” and “strategies-to-follow” to minimize the occurrences of such frauds in the future, significant financial reporting frauds need to be studied.

9 Major Corporate Frauds in India

Corporate fraud is an illegal, deceptive activity performed by a corporation or a person who works for the company. They result in the loss of a company’s market capitalization and brand value. They are alarmingly prevalent in several countries and sectors of the economy.

LANDMARK CORPORATE CRIMES CASES IN INDIA

Corporate Crime is the offence committed by the Corporation, as a separate legal body, varies from that of a normal individual, and the Corporation is responsible and guilty for the act.

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