The full story of cwg scam

The CWG scam full story involves a lot of misinformation and fraud. They first lured investors with the promise of high - yielding investment opportunities. But in fact, they didn't have the means to deliver on those promises. Their so - called business operations were just a front to keep the money flowing in from new investors. As the number of new investors started to decline, they couldn't keep up the facade any longer and the scam was exposed, causing a great deal of financial harm to those who had trusted them.

The Adarsh scam. Well, it's a big mess. See, the Adarsh building was supposed to be for certain groups like military heroes and their families. But what happened? People in power, like politicians and high - ranking bureaucrats, got their hands on those flats. They bent the rules. The building construction itself had a lot of wrongdoings. For example, they built more than they were allowed to. This whole thing showed how corruption can seep into a project that was supposed to be for the good of a particular section of society, and it became a huge scandal in India.

The 2G spectrum scam was a major corruption scandal in India. It involved the under - pricing and improper allocation of 2G telecom licenses. Telecom companies were able to obtain licenses at very low prices, causing a huge loss to the exchequer. Key figures were accused of taking bribes and favoring certain companies during the licensing process.

The fodder scam typically involves some form of deception in the fodder industry. It could be about false reporting of the quantity or quality of fodder. For example, suppliers might claim to have a certain amount of high - quality fodder but deliver less or inferior quality. Another aspect could be false invoicing, inflating the cost of fodder to siphon off extra money. This kind of scam can have a significant impact on farmers and livestock owners who rely on accurate and fairly - priced fodder for their animals.

The 2G scam is a complex and sordid tale. It mainly revolved around the allocation of second - generation (2G) telecom licenses in India. There were serious irregularities in the process. Licenses were given out in a non - transparent manner. Politicians, bureaucrats, and some telecom entrepreneurs were involved. This not only caused financial losses estimated to be in billions but also damaged the integrity of the telecom sector. It led to investigations and court cases that dragged on for years, highlighting the depth of the corruption and mismanagement in the system.

Well, Speak Asia started out looking like an interesting opportunity. They advertised widely about their survey - based income system. People were attracted as it seemed like an easy way to make money. But as time went on, red flags started to appear. Payments to members became irregular. Investigations revealed that there was no real business behind it. It was just a pyramid - like scheme where the top few were making money off the new members joining. And finally, it was exposed as a full - fledged scam, with many people losing their hard - earned money.

The Saradha scam was a major financial fraud in India. Saradha Group collected money from the public through various schemes promising high returns. They used this money for their own misappropriation instead of legitimate investment. Many small investors, especially from rural areas, were duped as they were attracted by the false assurances of high profits.

The Yes Bank scam was a complex affair. There were problems like aggressive lending without proper risk assessment. The bank had lent large amounts to certain corporate groups that later defaulted. This led to a liquidity crisis within the bank. Additionally, there were governance issues within the bank. The management failed to maintain transparency and proper checks and balances. As a result, depositors were at risk, and the overall financial stability of the bank was in jeopardy. It took significant efforts from regulatory authorities and other banks to rescue Yes Bank and restore some stability in the financial system.

The NSEL scam is a complex and sordid affair. NSEL promised a transparent and efficient spot trading system for commodities. But, behind the scenes, things were going terribly wrong. The exchange failed to maintain proper records of the stocks available for delivery. There were also issues with the warehousing and verification of the commodities. Some traders and brokers colluded to inflate the trading numbers. As a result, when the time came for settlement, there were not enough funds or commodities to meet the obligations. This led to a domino effect of financial distress among the trading community, and it took a long time to even start the process of recovering the losses and restoring confidence in the market.

The Delhi liquor scam involves issues related to the liquor policy in Delhi. There were alleged irregularities in the awarding of liquor licenses. Some companies got licenses under questionable circumstances, which led to financial losses to the state exchequer and also raised concerns about corruption in the process.