It is a fraud fraud fraud fraud world

The questions what to believe, whom to believe, how to believe and why at all to believe come to the mind of common man these days seeing and experiencing from day to day life events which he should not normally worry about. He comes across political fraud, social fraud, economic fraud and technological fraud and these frauds are perpetrated in a very refined and sophisticated manner and are justifiable if not acceptable by any ethical standards.

Political system governing the country itself is a major fraud perpetrated on people by genius brains, well administered by intelligent bureaucrats and supported by well planned social and economic institutions. Democratic system of political governance well intended for the benefit of people governed if not brought to power with all ethics, accountability and transparency ,the foundation cannot be said to be strong and problem starts thereon. Common man has no choice but to adjust to what ever may be the system formed to govern. He can consider himself lucky if the evils emanating from the system are bearable, manageable and kept within the tolerance limit set by him.

Economic system developed by the ideologies of the political system in the country determines the living standards of the people. Growth of the economy, agriculture and industrial advancement, trade and commerce, investment and employment, distribution of wealth and income, development of supporting system by way of economic institutions to

provide needed infrastructure for sustenance and growth of the economy etc; are taken care of by the economic system with possible and believable governance standards so that people have some confidence in the system although aberrations often do take place in every area and are discussed, debated and legally fought and finally forgotten as people have by then other pressing issues to be sorted out. The frauds under the system fortunately are incomprehensible for the common man and he struggles and carries on his life .For example putting up with inflation which has no reality with the market prices of his consumption needs and all other economic related problems. The fraud through economic system is something the people have to learn to put up with without any practical short term or long term remedy.

Social system really does all the wonders to justify right and wrong in the society because of the religious beliefs, educational standards, quality of life imposed by the society through its good and bad customs, habits, beliefs, practices ,rules and regulations, legal system, public policies and general administration standards. Permitting simultaneous existence of affluence and extreme poverty, generation of black money through corruption and illegal methods, perpetration of one fraud or other in every walk of life, knowingly or unknowingly taking people for a ride can be the biggest social fraud on people. It is surprising that religious places, educational institutions, legal houses, government institutions are places known for mal practices, corruption, black money, and what not. People are victims of major frauds under the social system. Frauds under land transactions, banking transactions, capital market transactions, and fraudulent generation of various documents like ration cards, driving licence, passports, and identity cards are very common these days and go undetected for ever. The positive aspect is that risk management has become a habit among people although they have not been given a formal education on the subject by management institutions and they know how to set their own benchmarks on minimum and maximum risks arising out of any deal they put through.

Technological system developed for the benefit of mankind adds its own contribution for accelerating commitment and perpetration of fraud on society and nobody knows what is in store for him for his smooth conduct of his day to day transactions without being exposed or subjected to fraud.

His life is more dependent on some Personal Identification Number generated by some machine some where and the reliability on this PIN is a billion dollar question mark.

It is better for people to understand the present world better where frauds have become a way of life and gradually learn to forget understanding the meaning of the words values, ethics, principles, honesty, integrity, loyalty, sincerity and commitment. By this one can easily be prepared and convinced that he is not being defrauded. This is the truth and truth only triumphs.

It is high time for people to remember Mahatma Gandhi for his words “Devotion to Truth is the sole justification for Our Existence. All our activities should be centred in Truth. Truth should be the very Truth of our life. When once this stage in the pilgrim’s progress is reached, all other rules of correct living without effort, and obedience to them will be instinctive. But without truth it is impossible to observe any principles or rules in life."  Will politicians, industrialists, administrators, academicians, social reformers, religious leaders, lawyers, doctors and others interested in the welfare of the society do an introspection and correct themselves to ensure that truth prevails in all their thinking and actions. Financial crisis can be overcome but the crisis that arises out of unjustifiable and fraudulent actions cannot be so easily erased from the minds of people.