Introduction: Environmental, Social, and Governance (ESG) criteria have become central to evaluating organizational impacts on societal welfare, environmental sustainability, and ethical corporate governance. As stakeholders, including asset managers, regulatory authorities, and consumers, increasingly prioritize these parameters. ESG has evolved into a critical framework for assessing corporate accountability. However, the rapid adoption of ESG metrics has […]

The unfolding situation at Gensol Engineering Limited serves as a critical case study, highlighting potentially systemic gaps in startup due diligence, particularly concerning founder integrity and governance. As regulatory bodies like SEBI, the Enforcement Directorate, and the Ministry of Corporate Affairs investigate allegations ranging from fraudulent fund diversion to misrepresentation and forgery, the case underscores […]

History is a witness that criminals have always outsmarted law enforcement in adopting newer techniques of committing fraud. It’s nothing new now that criminals have adopted cryptocurrency faster than their general acceptance by the public. Since cryptocurrencies were initially adopted by criminals, they have generally received a bad name in the public perception, overlooking their […]

Join us in congratulating Mr. Darwin Makhija on being the first recipient of the prestigious ACFE Ritchie-Jennings Memorial Scholarship! Darwin is an MBA graduate specialising in Forensic Accounting and Fraud Investigation with National Forensic Sciences University (NFSU, Gujarat). With a strong passion for Anti-Money Laundering (AML) and forensic analytics, Darwin is also the author of […]

““Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.” – Alan Greenspan Fraud poses a major threat to public finances and […]

Introduction Shell companies have increasingly become a favoured instrument in complex financial schemes, often designed to obscure the true source and destination of funds under the guise of legitimate offshore investment strategies. These entities typically lack substantive operational activity, which raises critical concerns about their role in facilitating tax evasion, money laundering, and other illicit […]

Data in its raw form has no meaning. Whether structured or unstructured in its format, data must be processed to make it useful and meaningful. That said, every data ‘talks’ to its user, but one needs to ‘listen’ to it. It is up to the skills and capability of the data user to analyze, interpret, […]

In the high-stakes world of gambling, where fortunes can change hands in the blink of an eye, the integrity of the game is paramount. The allure of large sums of money attracts not only thrill-seekers but also individuals intent on exploiting vulnerabilities for personal gain. Fraud in the gambling industry is a persistent threat that […]

This July marked a significant milestone with the upgrade of three key criminal laws in India: the IPC, the Code of Criminal Procedure, and the Indian Evidence Act. The objective is to modernize and streamline India’s criminal legal system. Preparation for this roll out required specialized training for various groups, including grassroot level functionaries, police, forensic personnel, […]