Ernst & Young (E&Y) has started a whistle-blowing service to monitor irregularities in Indian companies.

He was unemployed and receiving welfare, but Adekunle Adetiloye was somehow still living lavishly, complete with a Range Rover vehicle, extended trips to England and an expensive condominium.

Citigroup Inc was sued for fraud by Loreley Financing over nearly $1 billion worth of collateralized debt obligations purchased in 2006 and 2007. Citigroup is accused of defrauding Loreley into

The Mahindra Satyam case raises questions about who is fraudster, and who victim. Mahindra Satyam's decision to sue the company's former directors and auditors raises some interesting questions. The

Information Technology (IT) consulting and outsourcing company Mahindra Satyam, (formerly known as Satyam Computer Services) has made 123 people defendants in the lawsuit filed against its former

Audit firm Price Waterhouse has filed a suit against former chairman of Satyam B Ramalinga Raju and others claiming damages of Rs 100 crore for "deliberately" concealing key information that led to

Former board of directors also sued; firm seeks damages for perpetrating fraud, breach of fiduciary responsibility.

Regulators are warning the public to be wary of social media sites that could be offering bogus investment schemes.

After two years of investigation, the verdict is in. The Institute of Chartered Accounts of India (ICAI) has found Satyam's former chief financial officer Srinivas Vadlamani and PWC auditor Srinivas