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In this report we will discuss the 2 fraud cases, the first one being the case of India’s PNB bank fraud which was concerned with the fake issue of letter of undertaking and the second fraud case of Volkswagen group company regarding their emissions scandal related to nitrous oxide gas which came to be known in 2015. We will discuss what was the case when it came to limelight and how it can be prevented or what lesson can be learned from it. In the end, we will conclude the report by citing 2-3 lines in conclusion part about what we have learned from it and how can we ensure that such fraud does not happen.
Fraud case 1( Causes and prevention)
Here we will discuss the fraud case of Punjab national bank of India (Business, Z. (2018) which came to the limelight on 14 Feb 2018 only just a few months back and is the most recent and one of the biggest cam and fraud case which happened as PNB is India's second-largest lender.
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