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Ayodhya land scam- On June 10, 2024, major media house Indian Express published an investigative article which found that after the 2019 Supreme Court verdict in favour of Ram Temple there was 30 per cent rise in the number of land transactions in at least 25 villages in Ayodhya and adjoining Gonda and Basti districts that fall within a radius ...
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.
The Indian television series Scam 1992 is based on his life and fraudulent activity. Trevor Milton , founder and former CEO of Hydrogen Trucking company Nikola inc. Convicted of Fraud lying to investors to pump the companies stock price.
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]
Abdul Karim Telgi (29 July 1961 – 23 October 2017) was an Indian counterfeiter. [1] He earned money by printing counterfeit stamp paper in India, with the size of the scam estimated to be around ₹ 3 billion (US$35 million).
Analysts in India have termed the Satyam scandal India's own Enron scandal. [9] Some social commentators see it more as a part of a broader problem relating to India's family-owned corporate environment. [10] Immediately following the news, Merrill Lynch (now a part of Bank of America) and State Farm Insurance terminated its engagement with the ...
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.