The Scam From Harshad Mehta To Ketan Parekh Pdf

Scam: Who Won, Who Lost, Who Got Away?

The Great Indian Fraud

How do tax havens and syndicates running shell companies help fraudsters escape the long arm of the law? How does the ambiguity of valuation in the start-up ecosystem increase its vulnerability to corporate fraud? How are manufacturers and exporters from China exploiting India's Free Trade Area (FTA) with other countries to dump goods at artificially low prices in the Indian market? What challenges does the Belt and Road Initiative (BRI) of China pose for regulators of India? Why do people fall for Ponzi and pyramid schemes again and again? Serious frauds affect society and economy in damaging ways, belittling the common man's trust in the system. Yet, barely do we understand how these affect our lives. A first-of-its-kind, The Great Indian Fraud reveals how all such frauds result from the manipulation of complex financial transactions, involving simple mathematics and tricks, to deceive regulators, enforcers, business partners and customers. Drawing on his experience in the fields of forensic audit and financial investigation, author Smarak Swain explains the modus operandi behind some of the most notorious cases of fraud-Haridas Mundhra, Jayanti Dharma Teja, Harshad Mehta, Ketan Parekh, Hasan Ali Khan, B. Ramalinga Raju, Nirav Modi, Vijay Mallya, Nirmal Singh Bhangoo and many more-narrating the rise and fall of the greatest fraudsters of our times. Informative and skilfully narrated, The Great Indian Fraud is a must-read to understand how frauds happen, how law enforcement agencies handle crises, the sectors that witness maximum frauds as well as the emerging sectors that are at high risk.

A.D. Shroff

Ardeshir Darabshaw Shroff (1899-1965), Eminent Industrialist, Banker And Economist, Is Considered One Of The Architects Of Free India S Industrial Development And Modernization. Among The Earliest Exponents Of Free Enterprise In India, Shroff, Once Called A Congress Economist , Represented The Country As A Non-Official Delegate At The 1944 Bretton Woods Conference And Was An Author Of The Bombay Plan, Prepared By Eight Leading Industrialists In 1944 As A Blueprint For India S Post-War Economy. Later, In The Fifties, As Founder-Director Of The Investment Corporation Of India, Chairman Of Bank Of India And The New India Assurance Company, And Director Of Tatas And Many Other Leading Companies, He Became A Powerful Spokesman For Private Industry In An Increasingly Government Regulated Economy. His Steadfast Adherence To A Vision Of Free Enterprise In India Has Been Vindicated Thirty-Five Years Later By The Liberalization Policies Pursued In The Nineties. This Authorized Biography By Sucheta Dalal Draws Upon The Personal Papers Of A.D. Shroff, The Tata Central Archives, The Papers And Libraries Of The Bank Of India, Hdfc, And Several Other Institutions With Which He Was Associated. Based On These Sources And Interviews With Industrialists, Shroff S Colleagues, Family Members And Close Friends, Dalal Has Presented A Compelling Portrait Of Shroff Whom J.R.D. Tata Once Described As A Man With An Extremely Powerful Mind And Moral Courage . As A True Patriot, Shroff Was A Trenchant Critic Of Official Policies, Like The Nationalization Of Insurance, Which He Felt Were Contrary To The Nation S Interests. His Lone Battle For Free Enterprise From The Platform Of The Newly Founded Forum Of Free Enterprise In 1956, Despite Resistance From Some Quarters Of Private Industry And Great Opposition From The Governmental Quarters, Is Seen As A Measure Of His Fearless And Independent Nature. While Tracking Shroff S Phenomenal Professional Career, The Author Also Brings Out Many Facets Of His Forceful Personality: His Determination, His Zest For Life, And His Caustic Wit. Informed And Objective, This Account Is A Warm And Fitting Tribute To A Visionary And An Exceptional Indian In His Birth Centenary Year.