Top 10 Investment Scams


4. Satyam Scam

Ramalinga Raju, the former Chairman and Chief Executive Officer of Satyam Computers, was alleged for committing scam by manipulating the firm’s documents for several financial years. Raju resigned after being publicly alleged about his involvement in such massive fraud. He was arrested for this scandal but was released on bail after 33 months or arrest, as the investigation agency CBI failed to file the charge sheet. Ramalinga was legally accountable to fraud for 700 crores.