Satyam Scam (2009)

You guys are aware with a lot of things about the world famous Satyam Scam Which Took Palace in the year is regarded as “Debacle of Indian Financial System”.This scam was clear cut  example of how an investor can lose is money by simply misstating the Balance Sheet of the company. Protagonist – B Ramalinga Raju & others Amount – Rs. 8000 Cr about –Satyam was one of the biggest accounting scandals where protagonist Ramalinga .

Raju Accepts that he Cooked up Accounts of Satyam Computers and inflated Satyam computers bank balances and Accounting Entries.He and his family members have also been accused of money laundering through hundreds of companies.