Top-10 Indian scams

Feb 12, 2012, 20:54 PM IST
With one of its former Union Minister, A Raja behind the bars, the 2G spectrum scam has to be the mother of all scams. The Supreme Court's order cancelling 122 licences has come as a strong political sledge hammer on the govt.
1/10

With one of its former Union Minister, A Raja behind the bars, the 2G spectrum scam has to be the mother of all scams. The Supreme Court's order cancelling 122 licences has come as a strong political sledge hammer on the govt.

The Bofors scandal maligned former PM Rajeev Gandhi who was accused of receiving kickbacks from the middleman Ottavio Quattrocchi.
2/10

The Bofors scandal maligned former PM Rajeev Gandhi who was accused of receiving kickbacks from the middleman Ottavio Quattrocchi.

CWG Scam: A typical desi scam which revolves around babus and netas siphoning a huge chunk of money meant for the preparation of the Commonwealth Games.
3/10

CWG Scam: A typical desi scam which revolves around babus and netas siphoning a huge chunk of money meant for the preparation of the Commonwealth Games.

Abdul Karim Telgi, the prime accussed in the Stamp Paper scam swindled his way to the Swiss banks by printing counterfeit stamp paper.
4/10

Abdul Karim Telgi, the prime accussed in the Stamp Paper scam swindled his way to the Swiss banks by printing counterfeit stamp paper.

Satyam scam is the archetypal corporate crime in which the founder (Ramalinga Raju) proved to be his own tormentor as he falsified the company's accounts.
5/10

Satyam scam is the archetypal corporate crime in which the founder (Ramalinga Raju) proved to be his own tormentor as he falsified the company's accounts.

Fewer are crimes that end-up plugging the loopholes. The Ketan Mehta Securities scam is one among many such instances which made the SEBI more vigilant.
6/10

Fewer are crimes that end-up plugging the loopholes. The Ketan Mehta Securities scam is one among many such instances which made the SEBI more vigilant.

With humanitarian aid as its motive, the oil-for-food programme started by the UN, served the purposes of the political well-offs.
7/10

With humanitarian aid as its motive, the oil-for-food programme started by the UN, served the purposes of the political well-offs.

Featuring names like LK Advani and Sharad Yadav, the Hawala scam underscores the fact that you can mint money even if you are in the Opposition.
8/10

Featuring names like LK Advani and Sharad Yadav, the Hawala scam underscores the fact that you can mint money even if you are in the Opposition.

With former Bihar CM Lalu Prasad Yadav as its mascot, the Fodder scam is an indicator of anarchic nature of governance.
9/10

With former Bihar CM Lalu Prasad Yadav as its mascot, the Fodder scam is an indicator of anarchic nature of governance.

With India standing at the door-step of globalisation, the Harshad Mehta securities scam in 1992 marked the beginning of corporate crimes.
10/10

With India standing at the door-step of globalisation, the Harshad Mehta securities scam in 1992 marked the beginning of corporate crimes.