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Some Popular 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 fraud 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

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

Commonwealth Games Scam - 8000 crores

2G Scam – 1,76,000 crore

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