High price of fraud is not worth paying – The Times

Posted November 25th, 2008 in fraud, special report by sally

“For a business executive, it is the stuff of nightmares. A seemingly routine payment to a local fixer by a remote subsidiary results, years later, in an investigation by authorities in the company’s home country. The company is forced to spend millions on legal fees, its reputation is tarnished and its share price plummets. Senior managers may even find themselves in court facing criminal charges.”

Full story

The Times, 25th November 2008

Source: www.timesonline.co.uk