7 Sep 11: Speak Asia, a Singapore based online consumer survey company, which calls itself as the largest integrated online survey group in the Asian subcontinent was involved in fraud by cheating many investors of crores of rupees across the…
Tag: White Collar Crime
Most of the Frauds in Indian Companies are Not Reported
20 Jul 11: Global consultancy firm, KPMG has conducted a survey which revealed that 88% of the frauds taking place in Indian companies are never reported. Of the reported cases, enforcement action is taken in quarter of the cases, disciplinary…
Another Senior Management Figure from ISB Exits Due to the Charges Faced by SEC
26 March 2011: The founder-chairman of Indian School of Business (ISB), Rajat K Gupta, resigned from his post, after being alleged for transfer of confidential information by US Securities and Exchange Commission (SEC). This has brought a sigh of relief…
Indian Citizen Steals Computer Code of US Bank and Gets Imprisoned
22 March 2011: Indian citizen, Samarth Agarwal, who has worked as a trader in Societe Generale, will have to undergo 3 years of imprisonment in US for stealing a proprietary computer code from SocGen’s office and selling the same to…
IT Firms in Hyderabad Under Threat from Data Thefts
Until recently we used to feel proud that Hyderabad is developing – many foreign companies are coming to set up their offices. It was regarded as one of the major IT hubs in our country. But all this glitter seems…