Top 10 Investment Scams
2. Home Trade Scam
Home trade scam was a 
600 crore scam which affected 25 co-operative banks (13 of them were from Maharashtra and 12 from Gujarat). Home Trade was a Navi-Mumbai based brokerage firm which was founded by Sanjay Agarwal. Surprisingly this firm invested 24 crore in promotional campaigns to attract investors, and hired Sachin Tendulkar and film stars Shah Rukh Khan and Hrithik Roshan for its advertisements. This firm and four of its affiliates tempted cooperative banks with 2-7 percent higher returns on investment. The brokerage firm also claimed to have bought government securities (G-secs) for these co-operative banks.
