The Great Indian Fraud by Smarak Swain [Paperback]

Unveiling the Underbelly of Indian Business: Unmask Corporate Fraud with "The Great Indian Fraud" by Smarak Swain

Have you ever wondered how seemingly successful companies crumble overnight due to fraud? In The Great Indian Fraud by forensic audit and financial investigation expert Smarak Swain, you'll embark on a captivating journey to understand the complexities of financial fraud and its devastating impact on the Indian economy and society.

This eye-opening book goes beyond sensational headlines, delving into the deceptive schemes employed by fraudsters to manipulate financial systems and exploit loopholes.  Swain equips you with the knowledge to:

Demystify Complex Financial Transactions: Learn how seemingly intricate financial maneuvers often involve basic mathematical tricks and manipulation. See how these tricks are used to deceive regulators, business partners, and everyday citizens.

Understand Tax Havens and Shell Companies: Discover the role of tax havens and shell companies in facilitating fraud. Learn how these mechanisms enable fraudsters to siphon off funds and evade legal repercussions.

Identify Vulnerabilities in Startup Ecosystems: Explore the unique challenges associated with startup valuations and how this ambiguity can create opportunities for corporate fraud.

Protect Yourself from Ponzi and Pyramid Schemes: Gain insights into the tactics used in these deceptive investment schemes and learn how to identify red flags to safeguard yourself from falling victim.

The Great Indian Fraud doesn't just expose the "how" of financial fraud; it also delves into the "who" and "why."  Swain provides in-depth analyses of some of the most notorious Indian fraud cases, including:

Haridas Mundhra: Uncover the story behind this stock market manipulator and the ripple effects of his actions.

Harshad Mehta: Learn about the infamous securities scam of 1992 and the manipulative tactics employed by Mehta.

Nirav Modi and Vijay Mallya: Gain insights into the large-scale loan defaults that rocked the Indian banking system.

And Many More: Explore the rise and fall of numerous fraudsters who have tarnished the Indian business landscape.

The Great Indian Fraud empowers you to:

Become a More Informed Investor: Gain the knowledge to critically assess investment opportunities and identify potential red flags.

Hold Businesses Accountable: Understand the different types of fraud and how to recognize them, fostering a more transparent and trustworthy business environment.
Appreciate the Role of Law Enforcement: Learn how law enforcement agencies investigate and handle major financial crimes.

The Great Indian Fraud is a compelling read for anyone interested in understanding the dark side of Indian business.  With its clear explanations, engaging narrative, and insightful exploration of real-world cases, this book empowers you to become a more informed and vigilant participant in the financial system.