The Scam that Stunned India: Satyam Computer Services

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Journey into the heart of one of India's biggest corporate scandals - the Satyam Computer Services fraud. Once hailed as a technology titan, Satyam was listed on both Indian and New York stock exchanges, boasting a market cap of over $10 billion at its zenith in 2006. But behind this facade of success lurked a web of deceit spun over a decade by its founder, Ramalinga Raju, and his family.

In this video, we dissect the rise and dramatic fall of Satyam, whose fraudulent practices led to a staggering $1.5 billion discrepancy in the company's balance sheet, culminating in the destruction of billions in shareholder value and a 90% plunge in stock price. We unravel the complexities of this sophisticated scam, shedding light on the events that led to Raju's arrest and the largest corporate fraud in Indian history. Witness the unfolding of this riveting saga, which serves as a stark reminder of the dark side of corporate ambition.

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0:00 - 2:04 Intro
2:05 - 5:15 The rise
5:16 - 8:43 The fraud
8:44 The aftermath


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