Top executives in their forties commit most frauds.

http://in.finance.yahoo.com/news/Top-executives-commit-most-yahoofinancein-902528380.html

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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Although it would be too sweeping to call top bosses as corrupt but going by the recent unearthing of corporate frauds and involvement of senior executives, the statement carries some truth!
It is the such age top executive attention is drawn towards other things in life which they try to attain by any means and commit frauds.
Really got disheartened to learn the fact that 88% of the top notch executives in India are fraud in comparison to other countries.
There might be reasons as to why they do these steps

we know very well that we are in corruption world :)

Swetha Shenoy
My friend always says that the people with good amount of money are the persons who are greedy (I am not saying all Rich people ).These executives thinks that nobody will question them if they do things secretly.
they have shown that how much the power they have to play and fraud the corporation.
I think all we know what happened in Satyam and before that the USA was rocked by sub-prime mortgage crisis which also involvement of top executives!
Well fraud have become a fashion in recent time and all these top executives have almost see their life and the fear for getting caught is not a matter for them.
I forgot to mention the big fraud committed by the erstwhile boss of Enron and even some Indian politicians' names figured prominently in this scam!
why is this like so that our top executives are fraud while they get good salary even then they are hungry for more money. what will they do with . can they eat money .
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