When corporate frauds are mentioned, the most famous case that comes to mind is that of Satyam Computers.
While the high-profile Satyam Computers scam took all the limelight, there were several lesser known companies that did exactly the same. Unlike Satyam, they sank like a stone, leaving innocent retail investors abandoned.
If one starts to count the number of listed companies that have misguided investors, the list will run into four digits. The variety and scale with which it has occurred is really astounding.
Let us start with the story of Dr. Datsons Lab where retailers have lost their hard-earned money and have been left perplexed.