Here's how prone companies are to fraud in India, China, USLast updated on: October 21, 2011 09:39 IST
Organisations operating in multiple geographies, legal environments and cultures face a complex set of challenges and risks as they develop their business.
The fifth edition of Kroll's Global Fraud Report, prepared in cooperation with the Economist Intelligence Unit, illustrates the speed at which the fraud threat is evolving, and reinforces the direct financial benefit to those organizations who actively manage their fraud risk.
Vendor, supplier and procurement fraud is an increasing problem in Asia.
In a recent Global Fraud Survey, a third of the respondents said that they had suffered from this type of fraud in the past year.
India, too, has a number of significant fraud problems. Its prevalence is among the highest in the survey.
Let us have a look at how pervasive the problem is in India and how it stacks up against China and North America.
Click NEXT to see how prone companies are to fraud...
Image: Vendor, supplier and procurement fraud is an increasing problem in Asia.
Friday, 21 October 2011
Here's how prone companies are to fraud in India, China, US - Rediff.com Business
NEWS FROM THE WEEK PM invites the world to Make in India, inaugurates Dr. Ambedkar International Centre and more... PM Makes a Pi...
Demonetisation of Rs. 500 and Rs.1000 currency notes has been in the news since 8th November and seen by many as the best Diverting of att...