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Down The Drain

India has witnessed the highest incidence of fraud with 89 percent of executives reporting their companies were victim to at least one instance over the past 12 months, up from 68 percent in 2016, according to Kroll Annual Fraud Report 2017-18. The country emerges on the top in frauds in three categories – Theft of physical asset or stock (40%), IP theft, piracy or counterfeiting (36%) and corruption and bribery (31%). (Sulekha Nair/Firstpost)

Soma Basu

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