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Consequences of committing fraud

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The director has the option to protect themselves from potential liability with Indemnity and Insurance protection unless they are involved in intentional fraudulent acts. There are always consequences of committing fraud at any position in any corporation. I feel relieved to an extent that protection is available for unintentional or careless acts. Errors can occur and there is protection available for that but frauds do not just happen. Frauds ate intentional acts and it would not be fair for me to say my interest in directorship lessened due to potential liability:

Reference no: EM133107510

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