Skip to Content
Corporate Governance & Fraud Risk Management
book

Corporate Governance & Fraud Risk Management

by Balwinder Singh
January 2014
Intermediate to advanced content levelIntermediate to advanced
92 pages
3h 17m
English
Pearson Education India
Content preview from Corporate Governance & Fraud Risk Management
70 | Chapter 8
Pyramidal Marketing
Pyramidal marketing, though not necessarily
used in all such schemes, remains the most pop-
ular strategy for fraudulent companies to reach
large number of gullible investors in a short
time. Some such schemes, which do not use py-
ramidal marketing, operate through commission
agents who are local unemployed youth. They
are given hefty commissions by the promoters
of such schemes. They mobilise thousands of
crores from small towns by luring investors with
high rates of return.
Use of the Internet
The Internet is being extensively used by fraudu-
lent companies, some of which are headquartered
abroad. Many of these ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Enterprise Risk Management: A Guide for Government Professionals

Enterprise Risk Management: A Guide for Government Professionals

Karen Hardy, Allen Runnels
ERM - Enterprise Risk Management: Issues and Cases

ERM - Enterprise Risk Management: Issues and Cases

Christopher Ketcham, Jean-Paul Louisot

Publisher Resources

ISBN: 9789332540866