Corporate Frauds: Business Crimes now Bigger, Broader, Bolder

Description

Falsification of accounting numbers, financial shenanigans, banking deceits, reneging on quality promises, money laundering, conversion of white money into black and vice versa, tax avoidance, shell companies, Ponzi schemes, technology tricks, insurance imposters and investors falling into the potholes of lies and damn lies―Corporate frauds are getting bigger, broader and bolder. The size and scale of business deceit is becoming murkier, messier and massive even as regulatory strictures are getting bolstered. On top of it, the coronavirus crisis brought new opportunities for the fraudsters with cybercrimes reaching unprecedented levels. Awareness of how swindlers rip off and knowing their tricks will help unravel the hocus-pocus of the magicians of hoax. This book is an attempt to bring to fore the many lies and deceptions committed by the business world. From the author for two bestsellers, Who Blunders and How (2019) and Who Cheats and How (2015), comes an exciting and pacy rundown of how cons and swindlers mint money. The book discusses the psyche and modus operandi of the defrauders. It stresses the impact and possible actions to avoid, prevent or protect against chicaneries. Read this book to be aware, anticipate and avoid the business-world charlatans lurking around to con us.