India’s biggest ever bank fraud?
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Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reac ...
A sophisticated, predatory, multi-billion dollar industry is emerging from the shadows. It already rivals the size of the illicit drug trade. And it’s about to get bigger and much more powerful. The Economist’s Sue-Lin Wong follows a trail that starts ...