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Top 5 Biggest Scam in India

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Top 5 Biggest Scam in India: Hello everyone today I am going to share 5 known scams in India that the country has suffered a lot and this scam has not been forgotten so far. Most of these scams happen in politics. With every new day, these scams are increasing. It has penetrated deep into the vital of our social system destroyed the moral fiber of good society. These scams become an integral part of Administration and Political Culture. Not only low paid govt. Employees involve but political leaders and govt. Top-level administrator falling into this evil. Here is the top and biggest scam in India.

Top 5 Biggest Scam in India:-

Biggest Scam in India

Harshad Mehta and Ketan Parekh Stock Market scandal of 1992:

Many people were affected by this scam. Investors can never forget the Rs 4,000-crore. Investors can never forget the Rs 4,000-crore. Harshad Mehta scandal and the stock. worth 1000 crore rupees. Ketan Parekh’s scam. This scam jointly damaged an amount of 5000 million rupees. Even after India’s independence, it is not untouched by dubious scandals like corruption.

Satyam scam of 2009:

Satyam is the biggest fraud in the history of corporate history, in which Ramalinga Raju, former chairman of the company, for several years tampered with the accounts of the company’s accountants, raising Satyam’s revenue and profit figures, kept everyone in the dark Was there. Due to this scam, Satyam’s investors and shareholders had to face heavy losses. The amount of scam in the company was Rs. 14000 crores.

Hawala scam from 1990 to 91:

The Hawala case was $ 18 million in which the country’s leading leaders were accused of taking bribe through hawala brokers, which was exposed in 1996. Lal Krishna Advani was also the name of those accused, who was the leader of the opposition. The amount of this scam was Rs. 100 crores.

Commonwealth Games 2010:

In this case, half of the amount which was allocated 70000 crores for the game was not spent. The Central Vigilance Commission was also involved in the scam in which the purchase of equipment was manipulated the value of the equipment was shown increased. It was a huge scam at that time.

Fodder scam of 1990:

This is Bihar’s most discussed scandal. The allegations of fodder scam were felt by the then Bihar minister Lalu Prasad Yadav, who had been taken into custody even after the charges were proved but were later released on bail. The money to be spent on animal husbandry, equipment, medicines were used in this scam and sums up to Rs 900 crore.

 

 

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