witnessed many frauds in the past decade. The flying company scam or
the IPO bubble in the mid nineties exposed the half baked nature of
reforms of Indian Economy. The Indiaforensic team has gathered a
lot of information on the corporate frauds and is arranged in a
synchronized manner for the website visitors.
Frauds in Non Banking Finance Companies Sector: Chainrup Bhansali
is credited with the frauds in this sector. He used very innovative
products to attract the depositors to his non-banking finance company.
Plantation boom in 1990's Somebody
promise that growing plants is the shortest way to create the wealth.
Investors are taken for the ride in Plantation Fraud.
Western Paques Nandan Gadgil who gave his
investor the dream of making his company bigger than HDFC suddenly
disappeared from the Indian Bourses. All his companies defaulted to a
The Fraud in Shoes
Dead Car Plant