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Unveiling India’s greatest financial scams – from Vijay Mallya to Abdul Karim Telgi

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Mumbai: India’s financial domain has been marred by a series of sensational scandals that have sent shockwaves throughout the nation. Ranging from the colossal Telgi scam, which ran into hundreds of crores, to the infamous Commonwealth Games scandal, these are the tales of India’s most significant financial frauds in recent history.

Vijay Mallya

Vijay Mallya, infamous as the “King of Good Times,” turned out to be a mastermind. His Kingfisher Airlines defaulted on loans worth over Rs 9,000 crore which led to his departure from India, making headlines and even inspiring documentaries like ‘Bad Boy Billionaires: India’s’ by Minnow Films.

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Abdul Karim Telgi

The name Abdul Karim Telgi became synonymous with the monumental stamp paper scam in 2003. He orchestrated a sophisticated racket involving counterfeit stamp papers, causing a loss of approximately Rs 30,000 crore making it India’s biggest financial scam to date. The story of his fraudulent empire is set to be revealed in Applause Entertainment’s upcoming series ‘Scam 2003- The Telgi Story’ on SonyLIV.

Nirav Modi

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Nirav Modi’s involvement in the Rs 14,000 crore Punjab National Bank (PNB) scam sent shockwaves through the nation. This jewellery tycoon’s alleged involvement in fraudulent transactions sparked an international manhunt. This also features in the docu-series Bad Boy Billionaires by Minnow Films and ‘In the Shadows of the Indian Banking Crisis’ by DW News.

Harshad Mehta

Harshad Mehta’s securities scam of 1992 was one of the earliest to shake India’s financial fabric. Exploiting loopholes in the banking system, he manipulated stock prices, leading to a market crash. Applause Entertainment’s portrayal of this scandal adds a dramatic touch to the intriguing story.

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Subrata Roy

Subrata Roy, the founder of Sahara Group, was implicated in a massive financial scandal involving unregulated deposit schemes. Roy collected billions from investors with the promise of high returns, ultimately defrauding many. His story is featured in ‘Bad Boy Billionaires: India’.

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iWorld

Prime Video and Hrithik Roshan reunite for quirky heist comedy Mess

HRX Films expands pact with quirky heist comedy set for production

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MUMBAI: Prime Video is doubling down on its partnership with Hrithik Roshan, announcing a new comedy film Mess that promises chaos, chuckles and a clever twist on the classic heist.

Produced by Hrithik Roshan and Eshaan Roshan under HRX Films, a division of FilmKraft Productions, the film is being made in association with Soda Films Lab. Directed by Rajesh A Krishnan, Mess marks the second collaboration between the streaming platform and HRX Films after the upcoming thriller Storm.

At the heart of Mess lies an unusual premise. A group of robbers break into the home of a man with OCD, only to find themselves outmatched in a night-long standoff that flips the script on who is really in control. It is a set-up that blends tension with humour, turning a break-in into a breakdown of expectations.

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Prime Video India director and head of originals Nikhil Madhok said, “A good story should surprise and entertain, and Mess does both with ease. It brings together a unique premise, memorable characters and a tone that keeps you laughing throughout.”

He added that the collaboration with HRX Films continues to grow stronger, with the new film reflecting a shared appetite for bold and original storytelling.

Hrithik Roshan said, “After Storm, Mess feels like a natural next step in our journey with Prime Video. The film captures the kind of unconventional storytelling we want to champion, with Rajesh bringing a distinctive voice to the narrative.”

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Director Rajesh A Krishnan said, “The world of Mess is a mix of comedy and chaos, unusual enough to keep audiences on edge while still delivering humour. It has been a deeply collaborative and creatively fulfilling experience.”

The original screenplay comes from Paul Soter, with adaptation and dialogues by Kapil Sawant, adding another layer of craft to the film’s offbeat narrative.

As production gears up, Mess looks ready to live up to its name, serving up a delightful tangle of mayhem, mischief and movie magic for audiences in India and beyond.

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