Investment Scam: This year’s scandals also include the Kochi-based real estate Company ‘Apple A Day Properties’ who duped around Rs 1,000 Crore. They lured property buyers by promising flats at a low rate in Kerala’s capital Kochi and nearby areas and collected advances from various persons, including NRIs, running into crores of rupees. They even offered a car for those who first booked flats and paid advance. This scam could have left lakhs of victims in the state and abroad poorer by up to Rs 1,000 crore.

Education Scam: The most shocking scam of the year could definitely be given to the Education scam. The scam cost the state of Maharashtra as much as 1000 crore rupees. The state government started investigation to find out how many students on the rolls of state run and government aided schools were bogus.  1.4 lakh students were found to be bogus in a single district which also suggested that the state handed over extra unaccounted money for an amount of Rs 120 crore to these schools.