Free Press Journal

Global Investors Are Rattled By India’s New Season of Scandal


A string of corporate scandals and frauds have rattled India Inc. in recent times, resulting in decline in investor confidence and loss of shareholder value, and in extreme cases, liquidation of business.

Theft of physical assets was the most common fraud experienced in the past year, Vendor, supplier or procurement fraud (17%) and information theft (15%) are the next two most frequent types of fraud experienced. Majority of organizations believe that their organization has become more vulnerable to fraud in the past one year. One of the areas identified to be of particular concern, is information theft. Most senior executives believe that they are highly or moderately vulnerable to information theft risks such as cyber incidents. (Report)

To address these, Inventicon Business Intelligence ( ) is organising the 2nd Annual Corporate Fraud and Forensics India Summit 2018 (5-6 June, Holiday Inn Mumbai International Airport, Mumbai, India). This two-day summit will allow delegates to revolutionize debate on real-life experiences and cultivate innovative solutions to reshape the quality of your corporate fraud detection & control program. Delegates will take back valuable information in-regards to high level risk management program, upcoming challenges, broadening the fraud dialogue, profiling fraudsters, empowering internal audit committee, psychology of white collar crime, investigation framework, internal control program, recent trends in corporate fraud to upscale ethical standards in your organization and take advantage of the many networking opportunities on offer. Click here to visit the event website:

Some of the key speakers addressing this summit are:

Anusuya Chowdhury

Head of Fraud Investigations

HSBC Global Service Centres and Technology


Anirban Dasgupta

Group Head – Assurance and Internal Audit

RPG Enterprises


Balsingh Rajput

Superintend of Police (Cyber Crime)

Maharashtra Cyber, Maharashtra State


Col. Sandeep Sudan

Head – Centre of Excellence

Global Corporate Security

Reliance Industries Ltd.


Gaurav Batra  

Asia Pacific Information Security Officer

Mondelēz International


Jayant Pawar

General Manager – Investigations



Kumar Shekhar

Director-Risk Operations



Manish Dave 

IT and Information Security

Lafarge Holcim


Nagesh Pinge  

Independent Director NKGSB BANK

Past President IIA, India


P.K. Ranganathan

Head – Finance (CFO) – Foundry Division

Hinduja Foundries Limited- Ashok Leyland


Raghuvir Mukherji      

Chief Risk Officer

IIFL Wealth and Asset Management


Sai Chandrashekar

Director – Enterprise Risk Management

Ocwen Financial Solutions Private Limited


Sanjay Rai    

Addl. Director,

Serious Fraud Investigation Office, (SFIO, Mumbai)

Govt of India


Shailendra Kothavale

Chief Compliance and Risk Officer

Aditya Birla Sun Life Insurance Co. Ltd.


Shivram Sundararaman

Director – Risk Management & Assurance



Platinum Partner: RSA

Exhibit Partner: Bulwark CyberX

To know more on this event’s agenda, or to participate as a partner or delegate visit: