Rs 350 Crores fraud detected in Citibank Gurgaon branch

On December 28, 2010 by arZan With 0 Comments
Rs 350 Crores fraud detected in Citibank Gurgaon branch
Source: timesofindia.indiatimes.com
The DLF-II branch of Citibank has unearthed a fraud allegedly engineered by its relationship manager, Shiv Raj Puri, which initial estimates suggest could be of the order of Rs 300-350 crore.
    We as a nation are fast becoming the best in fraud and corruption. Looks like its a race to see who can do better. And the common man is in step with the political leaders.

This will come to bite us as a nation and individuals in so many ways….

Is there a short and long term remedy ?     

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