Why is HR division more fraudulent in Indian IT companies ?

neerajchauhan

Neeraj K Chauhan
We all know that Indian companies are making their presence globally, they are adopting newer models to commit frauds. Mainly in the IT industry, most frauds are being detected in the human resources division.

One company may bid for the same tender under different names. After a vendor bags a contract, the bills keep coming in and payments get processed, without the goods physically coming in.

Although they invest in many entrepreneurial ventures, it is hard to track where the money is going. Corporate frauds are not easily get traced by people, except when it reaches to the saturation point as seen in the recent Satyam case.


The HR has been a ground for poor ethical practices and not being legally aware, but the more occurs in procurement, finance and sales. Poor HR is a badly treated cousin of all the support staff.

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