ICICI Bank's UK unit accused of acting against whistle blower
More Satyam-like cases simmering: Rohit Mahajan, KPMG executive
especially question like this are thought-provoking .....
Has there been any kind of shift in the way frauds are committed?
We are seeing more frauds now compared to 3-4 years ago and the nature of frauds is no more limited to scrap sales or cash being stolen. We are seeing a dynamic shift with respect to intellectual property, e-commerce and other IT-related frauds. It is not just the junior employees who are involved. The senior management seems to be encouraging it and there is more focus on bribery and corruption.