White Collar criminals abound in India who carry on with their activities with great impu nity as the law enforcement agencies never cat ch up with them.But many of our Guptas, Shahs, Patels,Rajsekars etc have found to theirhorror that USA and UK is a different ball game and not like India.
Re: Corporate Fraudsters
by Nandu Indian on Jul 24, 2012 08:49 PM
Rediff there is a diffference between 730m pounds and 732k pounds. do you have any proof readers? Cant believe someone in London making 730m pounds in 2 years while working in banking and not being a ceo of world's top most bank.
it looks like they did research, snooped around, got the share price sensitive information just like any analysts do and profitted! if the information is available just for asking, we cannot fault them!
one has to see what goes on in the corridors of power at New Delhi, the public relation officers and agents of MNCs and Indian Corporates do to get access to insider information and the the trading on it!
unless the whole information relating to their deed is known, it will be an excise in futility to condemn them! we have to take the words of their courts!
Re: UK scam: 6 Asians guilty of insider trading
by Balan Iyer on Jul 24, 2012 07:38 PM
Hi Raman Govindan,it seems you do not know what is insider trading! Pl do not equate it with collect ing info for Research work.Read the book "Tangled Webs" by James Stewart to understand it as a grave criminal offence.
