In a fully-fledged recession, it is not unlikely for company money to mysteriously go missing. Hitesh Patel and Ian Dawson point to clues as to why the perpetrators are tempted to commit crimes

“It’s only when the tide goes out that you learn who’s been swimming naked.” These widely-quoted words of Warren Buffett are well illustrated by the high-profile exposure of three major international frauds in the last 12 months – with Satyam Computer Services (becoming known as ‘India’s Enron’) being the most recent casualty.