| Starting
this month, the Malaysian Investor Website will introduce
a new series called “Corporate Misdeeds”.
Stories in this series will highlight techniques used
by unscrupulous parties to siphon off money from companies.
|
| |
| Corporate
Misdeed 1 |
Siphoning
Off Money
Here is an illustration of yet another creative
accounting technique used by perpetrators to siphon off
money from companies through the injection of private
companies at inflated values and creation of fictitious
debt strategies. Find out how it is done by clicking
here |
|
| Corporate
Misdeed 2 |
Money-Lending
subsidiaries
Acquiring a money-lending subsidiary may sound like a
good business decision. However, your company director
could be using it to strip your company of its assets.
To learn more of this dubious technique, click
here |
|
| Corporate
Misdeed 3 |
Siphoning Off Money from a Company
Discover how creative accounting techniques can be used
to siphon off millions from a company undetected. |
|
| Corporate
Misdeed 4 |
Corporate Misdeeds Through a "Joint-venture Strategy"
Find out how a director can use a joint-venture company
and creative accounting to cover up a scam to enrich himself. |
|
| Corporate
Misdeed 5 |
Fraudulent Manoeuvres of Corporate Directors
Learn the tricks used by directors or substantial shareholders
to cover up their devious tracks by using accounting entries
such as “advances” and “provision of
doubtful debts”. |
|
Corporate Misdeed 6
|
Overpriced Acquisitions? Watch Out!
Your company is buying into another company. Time to be vigilant!
|
|
| Corporate Misdeed 7 |
Portraying Good Results by Inflating Sales Revenue
The bane of related-party transactions to your investment. |
| |
