How to fool investors & other startup scams9 min read . Updated: 19 Jul 2022, 01:09 AM IST
- Behind the uptick in frauds is a mad rush for growth, sharp fall in vigilance standards
- Auditors are flagging a rise in frauds—small and big—in the startup space, ranging from kickbacks to inflated bills, tax evasion and shell companies
MUMBAI : An employee in a big hurry, quality checks being given a miss, payments rushed through. Something was wrong. A closer look revealed an inside job: A nexus between some of ed-tech startup Vedantu’s vendors and multiple employees.
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