Red Flag Report for the Quarter 1 (Jan. to Mar. 2021)

“Unknown Fraud” is a real risk impacting Indian organizations. The techniques deployed by Fraudsters are complex and usually masked in a complex web of falsehood, forgery and cheating. Businesses especially smaller ones that are most vulnerable find it very difficult to unearth frauds and material control breaches. Therefore, we believe that dissemination of Red Flag Indicators Report and related information (primary goal of this publication) would assist Corporates in developing robust defense control mechanisms.