CONFERENCE ON ‘INVESTIGATION OF FINANCIAL FRAUDS’

| Posted on: 28-09-2016

TWO DAY CONFERENCE ON ‘INVESTIGATION OF FINANCIAL FRAUDS’ Jointly organized by Centre for Economic Crimes & Counter- Corruption Studies (CECCCS) on September 8-9; 2016 .

Overview and objectives of the Conference: Shri S. Sengathir, IPS, Inspector General, CID (CB), Rajasthan Police welcomed the Chief guest for the inaugural session, the Vice-Chancellor of the University of Police, Security & Criminal Justice, Jodhpur, dignitaries on dais and participants.

The objectives of the workshop were as mentioned below:
To make police personnel and public aware about different types of Financial Frauds.
To discuss different specific laws/Acts which are specially enacted to deals with different types of Financial Frauds.
To take an initiative towards making the police officials aware about the changing pattern of Financial Frauds.
To understand the roles of different police officials while dealing with the Financial Frauds.
To discuss the changing modus operandi in the realm of Financial Frauds.

“The central idea behind the Two Day Seminar is to provide a common platform to the experts in the field of financial frauds investigations having rich experience in the domain of financial crimes and police official working in different positions across the state of Rajasthan; in order to familiarize the participants with the latest developments in the domain of the financial frauds. At the same time to provide them with the possible and appropriate course of action while dealing with the cases of financial frauds”
“The experts were requested all across the India to participate in the Conference and provide a deeper insight about the various types of Financial Frauds and to share their vital first hand experiences with the participants, who were majorly serving police officials from Rajasthan Police”

He also mentioned:
“The most vulnerable section of the society are the poor people and lower middle class people while talking of the Financial Frauds.”
“The main reason of the vulnerability because of Financial Frauds is Greed ie Illusion of making Quick Money.”
“The civil society and the media shall do justice with their part of responsibility by making the people aware especially the most vulnerable and most exploited section of the society through timely intervention in form of mass awareness programmes with the help of appropriate media mix strategy ”

Address by the Vice- Chancellor of the University of Police, Security & Criminal Justice, Jodhpur: Dr. Bhupendra Singh, IPS, Addl. DGP, Government of Rajasthan

Dr. Bhupendra Singh welcomed the dignitaries on the dais, the organizers and the participants.
He informed briefly about the different Centres that are functioning under the aegis of the University.
The brief about the conferences and workshop conducted by the Centre for Economic Crimes and Counter Corruption Studies.
“The seamless communication between the various stake holders is the key the prevent the possible financial crimes”
“As mostly the people from economically poor background are the victims of such financial frauds, the Police officials should deal with such crimes swiftly.”
“Police official should develop appropriate SoPs while dealing with different types of financial crimes.”
“These SoPs will give clarity of thought and direction to the concerned police official.”
“ The role of the media id vital to spread awareness and to prevent the financial frauds”
Introduction of the Centre for Economic Crimes & Counter-Corruption Studies (CECCCS): Shri Pankaj Kumar Singh, IPS, Addl. DGP, Government of Rajasthan and Executive Director, Centre for Economic Crimes and Counter Corruption Studies; welcomed the dignitaries on the dais, the organizers and the participants for taking time out of their busy schedule.
He also said that:

“There has been and will always be a never ending race between the Police officials and the Criminal as the realm of financial crimes is not an exception.”
“In order to build the confidence in the public the Police official shall catch hold of the Criminals and ensure the timely and adequate punishment.”
“Police should evolve and improve upon the SoPs especially while dealing with Economic crimes in the realm of Cyber space.”
“The Police officials at the cutting edge of dealing with financial frauds should be trained properly with adequate provision to upgrade their learning and knowledge through timely inputs and interventions.”
“The society has a major and positive role to play in this regard. The Police Officials need to be ahead of the curve in order to prevent possible instance of financial fraud”


Address by the Chief Guest: Shri Manoj Bhatt, IPS, DG of Police, Govt. of Rajasthan
Shri Manoj Bhatt said:

“Police officials have their work cut out while dealing with the financial frauds. The need to resort to two way strategy in order to combat the menace of financial frauds. Firstly, along with media and civil society, the police officials shall strive for making people aware about the various types of financial frauds. Secondly the police official must have knowledge about various law/ acts pertaining to financial frauds”.
“With the ever increasing financial well-being, the instances of financial frauds are expected to increase. Under such scenario the Police official need to be well trained to face the possible eventualities.”
“In this regard, the conferences like this would go in a long way to build capacities at the appropriate levels in the Police forces”


Vote of Thanks: Shri S. Sengathir, IPS, Inspector General, CID (CB), Rajasthan Police thanked the Chief guest for the inaugural session, the Vice-Chancellor of the University of Police, Security & Criminal Justice, Jodhpur, dignitaries on dais and participants for their presence.









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