<h1>Indian Government Strengthens Corporate Fraud Detection with SFIO and New Measures for Early Intervention and Prosecution.</h1> The Serious Fraud Investigation Office (SFIO) was established by the Indian government to investigate serious corporate frauds. Since its inception, the SFIO has completed numerous investigations and filed prosecutions, with 22 investigations and 45 prosecutions in 2012-13, and 39 investigations and 44 prosecutions by the end of 2015. Detected frauds include falsified financial statements, deceptive deposit collections, fraudulent transactions, and fund diversion. To combat these issues, the government has introduced measures such as declaring fraud a substantive offense, granting statutory status to SFIO, implementing stricter corporate governance norms, and utilizing technology for early fraud detection.