Brand that quantified fraud losses for India

Indiaforensic - Brand that quantified the fraud losses to India.

Indiaforensic came out with the research which was widely publicized and accepted at various levels as the benchmark which quantified the amount India loses to the occupational frauds. India loses $40 billion to the frauds committed by the employees every year.

In its first employee frauds conference in Bangalore, Indiaforensic chairman, Mayur Joshi announced this amount which was equal to more than 4% of the consolidate income of India.

See some of the interesting headlines in various newspapers in India
Hindu Business Line: "Corporates losing more from within"
The Times of India : "India might be losing $40 billion to frauds"