RFID card would open new avenues for fraudsters in India

Credit Card Frauds in India have evolved a lot. Black Card Forensics which mentioned a significant amount of credit card frauds recently released its new edition. This...

Kabul Bank Fraud

Afghanistan has asked India to return two Indians,  who were senior officials at the Kabul Bank which sank in a $935 million financial scam - an emblematic...

Fixed Deposit fraud in Nationalised Banks

Ministry of Finance ordered the forensic audits in cases of the fixed deposit fraud in Dena Bank and Oriental Bank of Commerce. Apart from the forensic audit firms,...

Co-operative bank frauds rise to Rs.727 crores

National Bank for Agriculture and Rural Development (NABARD) has pulled up regional rural banks, state and district cooperative banks for substantial rise in value of frauds. Present set up and...

India loses more than 17000 crores to bank frauds

Indian banks have lost more than 17000 crores to frauds in more than 26000 instances of frauds reported in the year 2012-13. Report published in Economic Times...

Lloyds considering action against KPMG

Lloyds banking group is considering legal action against KPMG in HBOS Bank Audit. Accountancy giant KPMG in the UK is under scanner over the audit work that...

Certified Technology Banking Fraud Expert

Certified Technology Banking Fraud Expert (CTFE) is the part of Banking frauds certifications customised by Fraudexprss. Typically, CTFE  is a banker, ITES or banking professional or a banking...

Swiss Bank swallowed $1.5 Billion fine for fraud

The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The London Interbank Offered Rate (Libor) is a flagship...

SEC Charges Bank Executives in Nebraska with Understating Losses During Financial Crisis

Securities and Exchange Commission today charged three former bank executives in Nebraska for participating in a scheme to understate millions of dollars in losses and mislead investors...

CBFA – Certified Bank Forensic Accounting

In India Forensic Accounting is still in nascent stage and it becomes very difficult to find and retain the forensic accounting resources in India. Bank Forensic Accounting...

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FATCA Simulated Course for the aspirants of Certifications

Indiaforensic Center of Studies which offers the Certified FATCA Professional program.This examination is the Simulated Examination on the subject of FATCA. Simulated Examinations help...

Growing importance of Market Intelligence in Indian Banking Sector

In the wake of growing stressed assets in the Indian banks, it has become utmost important that the banks start collecting the market intelligence...

Scam risks associated with trading in Crypto currencies

Being an electronic cash system, crypto currencies, which works with a peer-to-peer network system, has never been the favourite when it comes to monetary...

How to be a successful forensic accountant ?

Successful forensic accountants in India are qualified as the Certified Forensic Accounting Professional (CFAP)

Risks Associated with Peer to Peer Crypto Currency Trading

The Bank for International Settlements (BIS) has recently warned that the emergence of cryptocurrencies has become a combination of a bubble, a Ponzi scheme...