Scam is an act of fraudulent operation which is to cheat someone especially for the sake of making money. Let us look into some of the scams which took place in India. Vijay Mallya in the year 2016, left the country without settling about 9000 crores INR loan amount. This loan was taken to support his Kingfisher airlines functioning. He is declared to be fugitive economic offender. In the year 2012, there occured a coal allocation scam that is 'Coalgate' about 194 blocks of coal was illegally allocated and many politicians involved in this. About 1.86 lakh crore INR was the scam amount. The 2G spectrum scam happened in the year 2008 with a scam amount reported to be 1.76 lakh crore INR. Punjab National Bank scam worth 11600 crore INR based on a fraudulent letter issued at the bank making it liable for the amount. These are some of the major scams reported in the nation, but there are so many happening around even now. Interesting facts about the topic can be obtained from the powerpoint presentation.

Gayatri Vivek

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