In previous some decades we have witnessed various large scale corporate frauds which lead to economic downfall of the nation like Commonwealth Games Scam, Satyam Scam, 2G Spectrum Scam, Bihar Fodder Scam, Harshad Mehta and Ketan Parekh Stock Market Scam, Hawala Scandal etc. In this list one name have also been added with National Spot Exchange Limited Scam which came under public domain in year 2013 in the month of July and as per the research work done and on the basis of various reports available the size of the scam is more than Rs. 5400 crore.

Keywords: Hawala Scandal, Stock Market Scam, NSEL, NAFED.