GCC corporate frauds rise in 'times of crisis'

Executives in the Gulf Cooperation Council (GCC) states reported that 35 percent of entities had experienced at least one fraudulent incident during the year, 14 percent of which were valued at over $1 million and half of these, 7 percent, over $10 million, according to a survey conducted by Deloitte Corporate Finance.

� Muscat Press and Publishing House SAOC 2011

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Source: http://www.albawaba.com/gcc-corporate-frauds-rise-times-crisis-405136

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