... and now "Scam per week India" presents you, 400crore Citibank scam!

  • Thread starter Thread starter amish
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Some points here, how he did this.. something similar to Telgi. Telgi printed fake stamp papers, this guy printed fake SEBI circulars/bank papers.

Citibank fraud: How Shiv Raj Puri banked on trust to dupe clients - The Economic Times

1. Puri taps investors claiming he operates a custodian account. He lures investors with high interest on investments showing a forged Sebi circular. The fake Sebi note is the clincher
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Unanswered questions:
1. Was Puri a solo operator or did he have accomplices in the branch ...
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3. Who helped Puri forge the bank papers?
 
Satyam, I P L & now Citibank are some of scams in private organisation; while 2G, Adarsh, CWG involved public (taxpayer's) money.Citibank's case could be clear, and case should come to result soon (I hope).
 
Satyam, I P L & now Citibank are some of scams in private organisation; while 2G, Adarsh, CWG involved public (taxpayer's) money.

Citibank's case could be clear, and case should come to result soon (I hope).

if at all there no some political power besides the scam
 
I wudnt consider I P L as private. Because unlike satyam and other scams... this event was very much public.Media was covering everything, who was sold and for how much. When such thing is happening at such a large scale, Government shud have verified lots of things very early... whereas it took them 2 years to detect something fishy. I consider this delay by government as a scam itself. And one shud not forget... Sharad Pawar is head of all these who is kind of part of the government. So how come he didnt know anything for 2yrs?All of sudden, scam is revealed and then they sack Modi and then 2 teams. Duh!
 
ummm... they were sacked.. but courts put on stay... so now officially they are not sacked.i sometimes think that this was some trick to get attention out of the real IPL scam :D
 
everyone involved have put in huge investments. they are not going to let it go just because BCCI wants to get rid of the Modi connection.
 
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