Corporate Frauds

Description

Corporate Frauds: Business Crimes in the Corporate World by Robin Banerjee is an insightful examination of the hidden world of corporate deception, financial scandals, and the mechanisms that enable business crimes. Banerjee, a corporate veteran, explores how fraud occurs in organizations of all sizes—ranging from accounting manipulations and insider trading to Ponzi schemes, embezzlement, and deliberate misinformation. Through real-world case studies, he reveals how greed, weak internal controls, lack of corporate governance, and a culture of unethical practices allow such frauds to flourish. The book also sheds light on the psychology of white-collar criminals, showing how rationalizations and pressure can lead even reputable professionals to commit fraud. Importantly, Banerjee provides guidance on detecting early warning signs, strengthening oversight, and fostering transparency to protect businesses and investors. Ultimately, Corporate Frauds serves as both a cautionary tale and a practical guide for business leaders, auditors, and stakeholders, emphasizing that vigilance, ethics, and accountability are essential to maintaining trust in the corporate world.