The average size of frauds since 2009 is Rs 502 crores, an increase of almost 80% from the average of the past 15 years which was Rs 381 crores,” said the latest study report by Thought Arbitrage Research Institute (TARI), in partnership with UN Global Compact India.
Corporate frauds in India have increased in the last 15 years in terms of both size and scale of the fraud. More than 50% of frauds are related to defrauding lenders and to siphoning of funds by the promoters or top management. The significant increase is due to a nu
Keep yourself updated with the latest innovations in BGV & Authentication Technology from India's leading Background Verification Company.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.