EY probes cashback fraud at Paytm Mall

EY probes cashback fraud at Paytm Mall

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EY probes cashback fraud at Paytm Mall, to build tech-driven prevention system

Paytm Mall said it continues to de-list fraud merchants and take strict action wherever needed
The investigation has been going on for almost a fortnight and some employees have also been fired

https://www.livemint.com/companies/start-ups/ey...

Paytm Mall joins hands with EY to nab conmen

https://www.moneycontrol.com/news/business/star...

7 Comments  |  
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je new in doubt: what if conperson or their accomplice themselves are in EY? they would get insider alerts beforehand eek

see https://www.ey.com/in/en/careers/experienced/joining-ey/opportunities
As part of this team you will:

▄ Meet with company executives to understand their process around identifying and mitigating fraud-related risks.
▄ Review policies and procedures and perform and document risk assessments.
▄ Contribute to forensic due diligence and audit support.
▄ Contribute to expert witness reports, including the review, analysis and verification of evidence.
▄ Liaise with litigation teams and other legal professionals.
▄ Learn about complex statistical analysis and modeling tools.
▄ Use social network analysis and complex data-matching technology to de-construct a financial fraud or theft of intellectual property.
▄ Review financial data and other documents, including emails, in the context of an internal investigation or corruption-related matter.

what if looters are part of above or collude with some EY employees?

@Chalted Accountant Navneet @ChaLted Accountant PaytmKaPoojari @Chalted accountAnt Gurnani paai @Earnest but not so young Soccergiants

@ Earnest and forEVER young B @ R_0_0_D paai

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Deal Subedar
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Good to hear. I thought they were going to close mall.

Bjsg
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P_A_N_K_A_J wrote:

Good to hear. I thought they were going to close mall.

They Won’t Close smile

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Chor (EY – and their reputation, most scams have them as the auditors) becoming chowkidar here smile smile smile

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Santosh_blr wrote:
Chor – chor

मौसेरे भाई¿?🤔




@Santosh_blr why do you think E&Y were chose by their मौसेरे भाई V.S.S. and Jack माँ का आशीर्वाद ¿¿?

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Paytm employees fired as company hit with Rs 10 crore cashback fraud

Company engaged consultancy firm to conduct an audit and identified that some small sellers colluded with junior employees to earn cashbacks, said Paytm’s chairman and chief executive

https://www.mid-day.com/articles/paytm-employee...

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desiman wrote:

Paytm employees fired as company hit with Rs 10 crore cashback fraud

Company engaged consultancy firm to conduct an audit and identified that some small sellers colluded with junior employees to earn cashbacks, said Paytm’s chairman and chief executive

https://www.mid-day.com/articles/paytm-employee...

Chor ki ghar mein chori.. sweat_smile joy

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