Bernie Madoff: The Rise and Fall of a Financial Fraudster
Born in Brooklyn, Bernie Madoff was born April 29, 1938. His parents, Ralph and Sylvia Madoff, owned SEC-closed Gibraltar Securities. …
Category: Scams
Enron Scandal Unveiled: The Fall of a Corporate Empire
Once a giant in the energy industry, Enron went bankrupt in a spectacular way in 2001, causing one of the…
Charles Ponzi Scheme : A Historic Scam and Its Modern Echoes
March 3, 1882, saw Charles Ponzi born in Lugo, Emilia-Romagna. From a rich yet unhappy household, he praised Shortly later,…
Sahara Scam Exposed: The Clash with SEBI and Subrata Roy
The Sahara Scam shocked India’s financial world. Sahara Group argued that its OFCDs fell under the ROC’s jurisdiction, clashing with…
Commonwealth Games Scam Transforms Glory into Disgrace
The 2010 Commonwealth Games (CWG) in New Delhi were meant to show how important India is becoming. They were part…
Satyam Scandal: Unveiling India’s Largest Corporate Fraud
The Satyam scandal, revealed in 2009, exposed one of India’s largest corporate frauds, highlighting critical failures in governance and ethics.…
Ketan Parekh: Accountant to Stock Scandal King!
The Making of a Market Manipulator Ketan Parekh, born on December 23, 1967, in Mumbai, pursued a Chartered Accountancy career…
The Harshad Mehta Securities Scam: A Tipping Point in Indian Financial History
The Harshad Mehta Securities Scam, also known as the 1992 Indian stock market scam, was considered one of the most…
The 2G Spectrum Scam: Unraveling One of India’s Biggest Political Controversies
A Political Storm Unleashed The 2G spectrum scam, a monumental political controversy, shook India during the United Progressive Alliance (UPA)…
The Hawala Scandal: Politicians Involved in a Vast Money Transfer Network
New Delhi, In 1996, the political and financial systems of India were significantly disrupted by the explosive Hawala Scandal, also…