Intro Founded on 1856 in Zurich, Switzerland Credit Suisse leaded the global financial market also being the world’s largest trusted bank , which provided services such as retail banking, asset management, wealth management, and investment banking. Credit Suisse is also credited with the task of uplifting the economy of Switzerland not only helping the citizens, …
Hasn’t the word “Dabba” always been associated with foulness? As such, Bucket trading also known as dabba trading, is a form of unlawful off-market trade that is common in some areas. Trades are executed through a local middleman who runs a parallel trading system locally, usually not keeping any records of the activities as opposed …
On The Tuesday of 14th May 2024, Dheeraj Wadhawan, an influential figure in the financial sector was arrested by the Central Bureau of Investigation (CBI) in the concern devoted to Dewan Housing Finance Corporation Ltd (DHFL) which involved scam of a whooping Rs 34,000 crore. After being taken into prison in Mumbai on Tuesday night, …
What is DHFL Scam? What was Dheeraj Wadhawan arrested for? Read More »
The Association Of Mutual Funds India has released their monthly infographics of AMFI for the month May 2024. AMFI is an association of registered asset management companies of SEBI or registered Mutual funds under the Indian market. Let’s have a look at the numbers presented. MONTHLY SIP CONTRIBUTION The SIP contribution for the month of …
We quietly know the famous Crypto world star Sam BankMan Fried who got a hand of meteoric rise to his repute via the famous Super Bowl commercial and celebrity companionship from star athletes like Tom Brady, basketball star Stephen Curry, and the hilarious comedian Larry! However, Bankmam was found guilty in November of fraud and …
Cryptocurrency Entrepreneur Sam Bankman-Fried Has Been Given a 25-Year Prison Sentence! Read More »
Since the now-banned Electoral Bonds were introduced in early 2019, yet the top 20 donors had contributed approximately fifty percent of all contributions, according to statistics that the SBI provided to the Election Commission. Based on data provided by the State Bank of India (SBI) to the Election Commission of India on March 14, the …
According to reports, the Mahadev app network operated unlawful betting and gambling websites and received payments through a number of panel operators throughout India. It was estimated that this scam is worth Rs 5,000 crore.
One of the largest banking scams that shattered all together the country’s economy is the Punjab National Bank Scam in 2018. The helmsman billionaire of this scam is one the visionary businessman Nirav Modi. He hailed from a family of businessmen and eventually, after studies joined his uncle’s business. Shifting in India, Mumbai, Nirav Modi …
The Coal Allocation Scam, or Coalgate is one of the biggest corruption scandals during the reign of Congress UPA-2 government in India. The incident played a role in shaping the public discourse around corruption & crony capitalism in the country. The scam led to massive outcry from the opposition parties, civil society, and public due …
One of the most significant financial frauds involving the role of the Indian Premier League (IPL) is the corruption case of Lalit Kumar Modi. In 2010 financial irregularities, conflict of interest and potential corruption were made against the former chairman & commissioner of IPL Lalit Modi, The BCCI (Board of Control for Cricket in India) …
