FRAUD
20 articole · RSS
Deloitte: Organizations Face Annual Losses In The Trillions Due To Fraud
Although many organizations tend to see fraud incidents as rather unlikely, usually based on their trust in both employees and business partners, the reality is that such events cannot be anticipated and properly handled without a prevention strategy that incl...
Insurers In Romania To Have Joint Database For CASCO Fraud Prevention
The national association of Romanian insurers UNSAR plans to create a joint database, by the end of 2014, which will enable insurance companies to cross-check vehicle damages covered by volu...
Former CFR Manager Mihai Necolaiciuc Acquitted In EUR2.7M Fraud Trial
A Bucharest district court on Tuesday acquitted Mihai Necolaiciuc, a former manager of Romania’s state-owned railway administrator CFR, of accusations of defrauding the company of EUR2.7 mil...
Fraud Causes Romanian Insurers To Lose Up To EUR150M/Year - Association
Insurers in Romania lose about EUR150 million annually, or 10% of the value of underwritten premiums, because of fraud, Bogdan Andriescu, head of national association of brokers UNSICAR, sai...
How Can Investors Check If They Still Hold Shares On BVB?
The case of the share theft in which Ana Maria Mihaescu, head of the IFC mission in Romania, had shares worth 900,000 lei stolen from her account, raises new questions as to the safety of ho...
EC Report: 98% Of EU’s Funds Absorbed By Romania In 2011 Suspected Of Fraud
The bulk or EUR505 million or a total of EUR515 million European Union’s funds absorbed in 2011 are suspected of fraud, said Catalin Ivan, the head of the Social Democratic PSD eurodeputies...
Isarescu: Group Investigated In Fraud Case Emerged From Outside The Bank System
Investigations run by Romanian organized crime prosecutors in the EUR22 million bank fraud case target no more than 0.08% of the bank system, not 80%, as reported in the media, central bank...
BRD Vice-President, 32 Others Detained In Bank Fraud Case
Romanian organized crime prosecutors have detained 33 people, including the vice-president of lender BRD-Groupe Societe Generale Claudiu Cercel, in a EUR22 million money laundering and bank...
Frauds Involving Voluntary Car Insurance To Cause Nearly EUR100M In Loss To Insurers In 2012
Insurance companies in Romania will register losses estimated at EUR100 million in 2012 as a result of fraudulent damage claims on the segment of voluntary car insurance CASCO, Maria Boghian...