A Hong Kong-based entertainment operator’s ambitious plans to expand into healthcare and electronic manufacturing has allegedly entailed invoice-based financing that used fraudulent contracts
A hierarchical culture makes it easier for companies to cook the books, but will they always be one step ahead of the short sellers? This series looks at how fraud works in Asia
It’s not just governments tracking digital identities across the world. A growing number of companies offering digital authentication services have alerted corporates to the need for real-time digital authentication tools.
As Asia’s economies grow, a business intelligence firm warns that a growing disconnect between distant headquarters and local offices could lead to an increase in fraud as internal audit teams fail to meet the mark.