Imagine if there was a prize or an award for those who had undertaken fraudulent activities - some of the biggest, nastiest - in the past or the present. Who do you think would be the top contenders? Some that I could think of:
1. Jerome Kerviel - SocGen
2. Nick Leeson - Barrings Bank
3. Ramalinga Raju - Satyam
I was quite impressed with Jerome's
fraudulent talent - given the fact that this was the single biggest internal fraud in the history of investment banking, resulting in a loss of over $7 billion.
Your toughts
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