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Indian Scams (Biggest Scams In India)

Audio Pitara by Channel176 Productions

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India has seen a biggest scams between 2000 to 2015. These scams have not only caused financial losses to individuals but also caused significant damage to the reputation of the country. From the 2G Spectrum Scam to the PNB Scam, these biggest frauds have taken a toll on India's economy and its citizens. The 2G Spectrum Scam is one of the most notorious Indian scams at times. It involved the illegal allocation of telecom licenses by politicians and bureaucrats for personal gain. The CWG Scam ...
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Vijay Mallya was once a renowned businessman who was accused of a massive fraud amounting to 9,900 crores. He borrowed from numerous banks and misused the funds. The Hyderabad High Court filed a case against him for failing to repay a cheque issued to GMR Hyderabad International Airport Ltd. Mallya was unable to appear in court, leading to a failed…
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Harshad Mehta, an infamous Indian stockbroker, was infamously known as the "Big Bull" of the stock exchange market. He achieved widespread notoriety for his sudden and impressive success in the stock market, leaving the general public to question the legitimacy of his success. It was later revealed that he had been engaging in illegal activities, s…
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Ramling Raju was the mastermind behind the infamous Satyam Scam in Sikandrabad. He allegedly falsified the company's accounts, creating false assets, inflating profits and fudging revenues to the tune of over $1 billion. His brother-in-law may have been complicit in the fraud, as he allegedly suggested that Raju start the IT company. The twenty emp…
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The Bofors Scandal of the 1980s and 90s remains one of the most controversial and well-known cases of arms dealing in India. In 1987, Prime Minister Rajiv Gandhi infamously declared that allegations of bribery in a deal between the Indian government and the Swedish weapons company Bofors AB were false. However, in 1999 the Central Bureau of Investi…
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The PNB scam of 2018, masterminded by Nirav Modi, a diamond jeweller and designer, was the biggest banking fraud in Indian history. It is estimated that Nirav Modi and his accomplices siphoned off around 10,000 crore from the PNB branch in Fort, Mumbai. To achieve this, Nirav Modi allegedly created dummy companies and used the SWIFT network to tran…
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India has been hit by several scams in the past few years, with the cobbler scam being one of the most infamous ones. where unsuspecting victims are duped into buying fake shoes from cobblers. The mastermind behind this scam is still unknown, but it has caused a lot of financial losses for its victims. To know more about the cobbler scam and how it…
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Indian Premiere League (IPL) ki kahani Season 6 ki ansuni zubani. Yeh show ke writer Manvendra Bhattacharya aur narrator Aaditya Raj Sharma hai. Cricket premiyo ka toota bharosa, match-fixing mein cricketers hue giraftaar. Detail mein jaane ke liye suniye IPL Scams only on Audio Pitara aur aapko yeh show kaisa laga ye comment karke hume jaroor bata…
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The Commonwealth Games (CWG) 2010 Scam is one of the biggest scams to have hit India. It involved the misappropriation of funds allocated for the CWG which was hosted in Delhi in 2010. It is estimated that around Rs 70,000 crore was siphoned off from the public exchequer due to this scam. This scandal has had far-reaching implications on India's re…
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The Telgi Stamp Paper scam is one of the most notorious scams in India. It was a massive fraud perpetrated by Abdul Karim Telgi, a businessman from Karnataka, who sold fake stamp papers to banks and other financial institutions. The scam caused losses worth billions of rupees to the Indian economy and brought shame to the nation. It also exposed th…
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The 2G Spectrum Scam is a major corruption scandal that rocked the Indian political scene in the early 2010s. It involved the illegal allocation of spectrum licenses to telecom companies at throwaway prices, resulting in a loss of Rs. 1.76 lakh crore to the exchequer. This scam was one of the biggest financial scandals ever uncovered in India, and …
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