The Eminent Lecture Series – A Talk on ‘Fraud Prevention and Detection from Kautilya to Benford to Current Days’

The second talk in the Eminent Lecture series was held on 03 March 2021. The session started with a prayer followed by the welcoming and introduction of the speaker by the coordinators. The topic for the session was ‘Fraud Prevention and Detection from Kautilya to Benford to Current Days’. The speaker, Dr. Kuldeep Kumar, has a Ph D. from the University of Kent, Canterbury, and taught at the Indian Institute of Management, Lucknow, and National University of Singapore before joining Bond University in 1993. Dr. Kumar is currently a Professor of Statistics at Bond Business School, Bond University. He spoke about the major frauds and scams in India’. And ‘how to detect frauds based on Kautilya’s work’. One of the main sub-topics that he focused on was ‘why people do frauds and also on financial fraud detection’. Later, he also spoke about ‘How Benford’s Laws are useful in finding financial fraud detection’. The session was very informative and interesting. Towards the end of the session, he also took time to clarify all the doubts the audience had.

The series is a joint initiative of the Internal Quality Assurance Cell (IQAC) and the School of Contemporary Knowledge Systems (CKS). It was organised under the guidance of Dr. Vinod R. R. (Asst. Prof. and Head, CKS) and Ms. Neethu S Kumar (Asst. Prof., School of Linguistics and Literary Studies) and coordinated by E. S. Sruthilaya (third-year B.Com.) and Aditya Anshuman (third-year BBA). The session came to an end with a vote of thanks and Shanti Mantra by the student coordinators.