Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Life
UPDATED: 08:01, August 11, 2005
White-collar crime widespread in Switzerland
font size    

Three-quarters of Swiss companies claim to be the victims of white-collar crime, costing them 8 billion Swiss francs (6.3 billion US dollars) annually, according to results of a survey released Wednesday.

But the majority of the 250 firms which took part in the study were unwilling to devote more than 50,000 Swiss francs (39,375 dollars) a year towards prevention measures, says the study.

Researched by KPMG Switzerland, a global provider of audit, tax and advisory services, deception offences topped the list of problems, affecting nearly half of the participants.

Bribery and corruption was in second place at 12 percent, followed by data theft and copyright violation (10 percent).

At the bottom of the list were sabotage or hacking and falsifying annual results or financial information (5 percent).

About a fifth of the participants thought that internal inadequacies within the system of controls were to blame for criminal activity, and more than three-quarters predicted that white-collar crime would rise in the future.

The Federal Police Office estimates that the value of such crimes is worth up to 4 percent of the country's Gross Domestic Product.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- China amends criminal law to fight white-collar crime

- White-collar women in Shanghai drink too much

Online marketplace of Manufacturers & Wholesalers

Copyright by People's Daily Online, all rights reserved