Indian Scams

Harshad Mehta Big Bull Scam – 4000 crore

Lalu’s Chara Ghotala – 950 crores – July 2008 IAS officer Sajjal gets four-yr RI for 39 crore scam

Hawala Scandal – 5000 crores

Bofors Scandal – 64 crores (Also Read: 1 2 3)

Narendra Rastogi serial scammer – more than 43 crores (Read more1)

Dalmia Scandal – 595 crores

Civil Aviation Minister Praful Patel fr...aud case-50 crores

UTI Scam – 32 crores Mutual Fund Scam – 1350 crores

Bansali Scam – 1200 crores

Ketan Parekh’s Sebi Scam- 888 crores - June 08 – SC issues arrest warrant against Ketan Parekh

Cobbler Scam – 1000 crores

Bribe to allot petrol pumps scam

Churhat lottery scam – ?

Anantnag transport subsidy scam – ?

Bangalore – Mysore Infrastructure Corridor – ?

Kerala SNC Lavalin power scandal – 374.5 crore loss – Dec 09 – Accused CPM leader Vijayan gets bail in graft case.

Telgi Scam – 171 crores - Telgi was sentenced 13 yrs RI and 100 cr fine. (Read More 1 2 Timeline 3)

Mayawati’s Taj Corridor- 175 crores alleged scam – Case was dropped in 2007 by the pecial designated court due to insufficient evidence (Read more 1 Is Politics such a high paying profession ? 2 May 2008 -Mayawati attempts to stop CBI investigation 3)

Motilal Goel Scam – 1000 crore

Satyam Fraud – 7 to 14000 crores – Pricewaterhouse Coopers saw no fraud in Satyam – Nov 09 CBI arrested Satyam’s internal audit head V S Prabhakar Gupta for allegedly fabricating account books, just days before it is due to file a second chargesheet in the multi-crore fraud at the IT firm. Jul 10 – Promoters wrongfully gained 2643 crores

Reports said that investors like DSP Merrill Lynch, DSP Blackrock, ILFS Financial Services and Deutsche Bank offloaded their shares days before Satyam fraud came out in open.

Lalit Modi Indian Premier League (IPL) Scam – 1200 crores

Commonwealth Games Scam - 8000 crores

2G Scam – 1,76,000 crore