<h1>SFIO Tackles Corporate Fraud: 81 Companies Investigated; New Measures in Companies Act 2013 for Fraud Prevention.</h1> The Serious Fraud Investigation Office (SFIO) was established in 2003 to handle complex corporate fraud investigations. Between 2011 and 2014, the SFIO investigated 81 companies. Prosecutions are ongoing in relevant courts. To combat corporate fraud, the government has introduced fraud as a substantive offense in the Companies Act, 2013, granted statutory status to the SFIO, and implemented stricter corporate governance norms. Additionally, there is an increased use of technology for early fraud detection through data analysis and forensic tools. These measures were outlined by the Minister of Corporate Affairs in a written response to the Rajya Sabha.