Top 4 unimaginable Scam in India
Scams are unfortunate, but it's good to stay informed. As of my last knowledge update in January 2022, here are some notable scams that have occurred in India: 1. Satyam Scam (2009): One of the largest corporate scandals in India, where the founder and chairman of Satyam Computer Services, Ramalinga Raju, admitted to manipulating the company's accounts to the tune of over $1 billion. The Satyam scandal was a major corporate scandal in India that came to light in 2009. Satyam Computer Services, one of the largest IT companies in India, was involved in a massive financial fraud. The founder and then-chairman of Satyam, Ramalinga Raju, confessed to manipulating the company's accounts to the tune of over $1 billion. He had inflated the company's profits and assets for several years, making it seem more profitable and stable than it actually was. Raju's confession shocked the business community and raised questions about corporate governance and regulatory oversight in
