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West Bengal School Service Commission recruitment scam: On 23 July 2022, Education Minister of West Bengal and Secretary General of All India Trinamool Congress (ruling party of West Bengal State) Partha Chatterjee was arrested from his residence by the Enforcement Directorate in connection with the alleged State School Service Commission (SSC ...
The biggest money market scam ever committed in India, amounting to approximately ₹ 5,000 crores. The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of ...
Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker, businessman, and convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹ 30,000 crore (equivalent to ₹ 2.3 trillion or US$27 billion in 2023)) led him to gain infamy for market manipulation.
Harshad Mehta, committed fraud without bank receipts of ₹5 billion from State Bank of India and an individual scam of ₹14 billion using fake bank receipts. The Indian television series Scam 1992 is based on his life and fraudulent activity.
Lalu Prasad Yadav, on the left, is the highest-profile person convicted in the fodder scam. The Fodder Scam was a corruption scandal that involved the embezzlement of about ₹ 940 crore (equivalent to ₹ 48 billion or US$560 million in 2023) from the government treasury of the north Indian state of Bihar. [1]
The Satyam Computer Services scandal was India's largest corporate fraud until 2010. The founder and directors of India-based outsourcing company Satyam Computer Services, falsified the accounts, inflated the share price, and stole large sums from the company. Much of this was invested in property.
Natwarlal (born Mithilesh Kumar Srivastava; 1912 — 25 July 2009) was an Indian fraudster known for his high-profile crimes and prison escapes, including having supposedly repeatedly "sold" the Taj Mahal, the Red Fort, the Rashtrapati Bhavan, and the Parliament House of India.
During 2010-2013, Sharma had provided payoffs to many politicians and bureaucrats, including former Madhya Pradesh BJP chief Prabhat Jha and his sons, Congress MLA Veer Singh Bhuria, several ABVP leaders, RSS functionary Suresh Soni, and many civil servants. Laxmikant Sharma was the biggest beneficiary of his kickbacks.