Saturday, August 14, 2010

Tips on detecting fraud companies

http://www.watchoutinvestors.com - A government database of persons or companies implicated for financial defaults/irregularities. Check here before investing in a not-so-well-known company.

Two good articles about fraud accounting practices of Indian companies:
  1. http://www.moneylife.in/article/71/827.html
  2. http://www.businessworld.in/index.php/Markets-Finance/Ghosts-Balance-Sheets.html

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