<h1>SFIO Investigated 55 Fraud Cases (2010-13); Prosecutions Sanctioned Under Companies Act and IPC; Reports Sent to Regulators.</h1> The Serious Fraud Investigation Office (SFIO), under the Ministry of Corporate Affairs, investigated 55 serious fraud cases from 2010 to 2013. Specifically, 13 cases were investigated in 2010-11, 20 in 2011-12, and 22 in 2012-13. In the current fiscal year 2013-14, two cases have been undertaken. Based on SFIO's recommendations, the government has sanctioned prosecutions under the Companies Act, 1956, and the Indian Penal Code, 1860. Additionally, cases have been referred for disciplinary action against professionals, and reports have been shared with regulators like SEBI, RBI, and the Income Tax Department for further action.