Unmasking India's Most Notorious Scams: A Deep Dive into the Harshad Mehta, Abdul Karim Telgi, and Other Infamous Frauds

India has witnessed a series of high-profile financial scams that have captured the nation's attention and shaken its faith in the financial system and law enforcement.

In this blog post, we will embark on a journey through some of the most notorious scams in India 's history, focusing on the Harshad Mehta scam, the Abdul Karim Telgi stamp paper scam, and other instances of financial fraud.

The Nirav Modi and Punjab National Bank ( PNB ) scam is one of the more recent high-profile financial frauds in India .

The scam involved the issuance of fraudulent Letters of Undertaking (LoUs) by PNB employees.

These LoUs were not recorded in the bank's system, allowing the fraudulent transactions to continue undetected for several years .