New Delhi, July 15 -- A surge in white-collar crimes over the past two years is prompting Indian companies to tighten internal controls and seek legal counsel to protect against potential liabilities, experts told Mint.
Firms in high-risk sectors like financial services, including Mahindra Finance, are proactively working with law firms to strengthen compliance and flag anomalies early, as tech-enabled fraud and remote work increase vulnerabilities.
"There has been a 50-70% rise in white-collar crimes and corporate frauds over the last two years," said Sahil Kanuga, partner at law firm Cyril Amarchand Mangaldas, who tracks white-collar crimes.
An employee emailing an official document to himself, sanctioning funds approved by the chief...
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