`.73000000000000
India a.k.a Mother India - Land of over Democracy, has been denigrated by Greed, graft, politics, bribery & dirty money.
As we are coming to an end of a scammed year (hopefully the last). It might be exasperating to many Indians that the worth of this decade's scams has reached a new high of 73 Lakh crores. It's hard to digest isn't it?
Here are the details (year wise):
2001 - UTI scam `. 4,800 cr
Dinesh Dalmia stock scam `. 595 cr
Ketan Parekh securities scam `. 1,250 cr
2002 - Sanjay Agarwal Home Trade scam `. 600 cr
2003 - Telgi stamp paper scam `. 172 cr
2005 - IPO-Demat scam `. 146 cr Bihar flood relief scam `. 17 cr
Scorpene submarine scam `. 18,978 cr
2006 - Punjab's City Centre project scam `. 1,500 cr,
Taj Corridor scam `. 175 cr
2008 - Pune billionaire Hassan Ali Khan tax default `. 50,000 cr
Army ration pilferage scam `. 5,000 cr
State Bank of Saurashtra scam `. 95 cr
Illegal monies in Swiss banks, as estimated in 2008 `. 71,00,000 cr
2009: - The Satyam scam `. 10,000 cr
The Jharkhand medical equipment scam `. 130 cr
Rice export scam `. 2,500 cr
Orissa mine scam `. 14,000 cr
Madhu Koda mining scam `. 4,000 cr"
2010: CWG, 2G, IPL, Karnataka Land Scam, Adarsh, LIC etc... - 2Lakh crores
India's biggest scams:
1. Ramalinga Raju, `. 50.4 billion
2. Harshad Mehta, `. 40 billion
3. Ketan Parekh, `. 10 billion
4. C R Bhansali, `. 12 billion
5. Cobbler scam
6. IPO Scam
7. Dinesh Dalmia, `. 5.95 billion
8. Abdul Karim Telgi, `. 1.71 billion
9. Virendra Rastogi, `. 430 million
10, The UTI Scam, `. 320 million
11. Uday Goyal, `. 2.1 billion
12. Sanjay Agarwal, `. 6 billion
13. Dinesh Singhania, `. 1.2 billion
Some more in detail:
KETAN PAREKH SCAM (2001) :- Ketan Parekh's modus operandi wasn't very different from Harshad Mehta's. If Mehta used banker's receipts, then Parekh used pay orders to ramp up the prices of his favourite