LearningCat: Understanding Fraud

The Importance of Fraud Detection
Fraud is common and is increasingly worse. It is the type of phenomenon that conceals itself in plain view, frequently eluding even the most vigilant observers. Regardless of whether it is a little fraud or a large-scale, orchestrated operation, the repercussions are significant, and detection is becoming increasingly challenging. Fraud incurs annual expenses in the […]
Fraud – Meaning & Effects
Fraud means misleading one of the parties pursuant to the contract intentionally by building false statements and allegations. In the event of the occurrence of the fraud, one party that has all the information misrepresents the counterparty by citing facts that are invalid and making claims without even checking the accuracy, which impacts the unforced […]
Corporate Fraud & Its Types
India’s economy is growing at a fast pace. But this fast pace sometimes comes with the significant fluctuations in the economy with the considerable financial surge in and out of the economy. GDP surely delivers a path for economic rise in our country, but also some people use the loopholes in the system to get […]
Common Financial Fraud Schemes: How to Spot and Avoid Them
Financial fraud is a persistent threat to governments, corporations, and individuals worldwide. These frauds can range from straightforward schemes that target individuals to more complex ones that include substantial corporate influence and dishonesty. The complexity of these frauds has grown as a result of intricate financial system architectures and widespread use of digital technology. Scammers […]