News: 80 pc of executives in India victim of fraud

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80 pc of executives in India victim of fraud

Mumbai: India leads globally in the number of incidents of corporate fraud with as many as 80 per cent of executives admitting being victims of such crime, which are mostly insider activities, says a report by Kroll. 

Mumbai: India leads globally in the number of incidents of corporate fraud with as many as 80 per cent of executives admitting being victims of such crime, which are mostly insider activities, says a report by Kroll. 

 

Against this, globally 75 per cent of the companies have fallen victim to frauds in the past year, a rise of 14 percentage points in just three years, said the report. 

 

The findings also revealed that the biggest fraud threats come from within the companies. 

 

Read more on The Economic Times here

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Topics: Background Verification, Pre-employment Assessments, #Corporate

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