Frauds - Latest News on Frauds | Read Breaking News on Zee News

Prison, 4.9 billion euro fine for French rogue trader

Last Updated: Wednesday, October 24, 2012, 21:35

Paris appeals court ordered former Societe Generale trader Jerome Kerviel to pay back 4.9 billion euro for one of the biggest trading frauds in history.

MCA working on stronger mechanism to detect corporate frauds

Last Updated: Wednesday, October 24, 2012, 17:36

Boosting its efforts to prevent corporate frauds, the Ministry of Corporate Affairs is working on a stronger alert mechanism to detect discrepancies in various filings made by companies.