logo
episode-header-image
Oct 2022
29m 9s

Dham Scam: Boom, Bankruptcy, Billions Ba...

THE ECONOMIC TIMES
About this episode

Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reaching the Supreme Court, host Anirban Chowdhury takes a deep dive with Jyotindra Dubey, Associate Editor (Corporate and Regulatory Affairs) ET Prime and Sangita Mehta, Senior Editor, ET. Credits: Prasar Bharti Archives, Brut India, CNBC TV18, Moneycontrol and ET Now.

You can follow our host Anirban Chowdhury on his social media:
Twitter - https://twitter.com/AnirbanET
Linkedin - https://www.linkedin.com/in/anirban-chowdhury-b5067219/

Check out Jyotindra’s article here

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.

See omnystudio.com/listener for privacy information.

Up next
Yesterday
Hooked in 90 Seconds: The Micro Drama Boom
What if binge-watching your favorite show took less time than making a cup of coffee? Welcome to micro dramas: Bite-sized, 90-second stories turning our scrolling habits into a global entertainment phenomenon. Born in China as duanju, this $7-billion industry blends romance, reve ... Show More
27m 32s
Oct 7
Explaining RBI’s Raft of Deregulations
In its boldest liberalization push in years, the RBI has announced 22 deregulatory measures in a single day, the highest in its modern history. Among other things, banks can now finance corporate takeovers, investors can pledge more equity for credit, and companies can borrow up ... Show More
16m 22s
Oct 3
Chabahar Sanctions: India’s Western Deadlock
The future of India’s most ambitious overseas port project hangs in the balance. With the US reinstating its sanctions for Iran’s Chabahar Port, India faces a strategic dilemma: risk Washington’s ire or abandon years of investment, regional influence, and its only land route to A ... Show More
13m 27s
Recommended Episodes
Nov 2024
915. News: LATAM fintech is booming, Metrobank slapped with a hefty fine, and why Klarna chose NYC for its IPO
Join hosts Laura Watkins and Benjamin Ensor alongside some great guests as we look at the biggest financial services and fintech stories of the past week. Topics covered include: a LATAM fintech roundup featuring news from Nubank, Ualá, and Tako; Klarna announcing plans to IPO in ... Show More
1h 8m
Oct 2024
907. News: The BBC attacks Revolut, banks behaving badly, and fintech makes the world a better place
Join hosts Laura Watkins and Dave Morris, along with some great guests, as we discuss the biggest fintech and financial services news this week. Topics covered include: A BBC investigation found that Revolut has been named in more fraud reports than any major UK bank; two differe ... Show More
1h 10m
Sep 2024
895. News: Industry coalition pushes digital IDs, Phase 2 of Saudi open banking, new Singapore anti-fraud powers
Join hosts Kate Moody and Dave Morris, along with some great guests as we discuss the biggest fintech and financial services news this week.Topics covered include: New PensionBee research for Pensions Awareness Week reveals less than 15% of Brits know how much they have in pensio ... Show More
1h 4m
Oct 2024
903. News: Starling hit with fine, Visa faces anti-trust lawsuit, and Nationwide snaps up Virgin Money
Join hosts Laura Watkins and Dave Morris, along with some great guests as we discuss the biggest fintech and financial services news this week.Topics covered include: Nationwide has acquired Virgin Money for £2.9 billion; Visa is being sued by the Department of Justice as the Bid ... Show More
1h 8m
Nov 2024
917. News: 'Black Fraud Day' warning for shoppers and Revolut hits the big 5-0
Join host Benjamin Ensor alongside some very special guests as we look at the biggest financial services and fintech stories of the past week.Topics covered include: Revolut hitting 50 million users as they gain a new stock trading license; online shoppers being warned to be extr ... Show More
1h 1m
Dec 2024
919. News: UK lenders brace for massive payouts and is the FCA 'incompetent'?
Join host Benjamin Ensor alongside some very special guests as we look at the biggest financial services and fintech stories of the past week.Topics covered include: A damning report by MPs and Lords has accused the Financial Conduct Authority (FCA) of being unfit for purpose. Me ... Show More
56m 17s
Jan 2025
Nice to meet you, I'm a scammer.
On Hacking Humans, Dave Bittner, Joe Carrigan, and Maria Varmazis (also host of N2K's daily space podcast, T-Minus), are once again sharing the latest in social engineering scams, phishing schemes, and criminal exploits that are making headlines to help our audience become aware ... Show More
52m 58s
Dec 2024
Fraud's festive frenzy.
On Hacking Humans, Dave Bittner, Joe Carrigan, and Maria Varmazis (also host of N2K's daily space podcast, T-Minus), are once again sharing the latest in social engineering scams, phishing schemes, and criminal exploits that are making headlines to help our audience become aware ... Show More
47m 45s
May 2025
How a CEO’s Faked Results Led to a $300 Million Wipeout
In late 2018, five years after launching fish-feeding company eFishery, Gibran Huzaifah found himself all out of cash. To save his business, the CEO started plugging fake numbers into financial reports. The brighter picture drew hundreds of millions of investor dollars. But his h ... Show More
16m 39s
Jul 2023
The billionaire charged with insider trading
Joe Lewis, 86, is a billionaire. He made his money trading currency, among other things. And he likes to keep a low profile. That could change with his appearance in court this week in New York, responding to insider trading charges. His bail is set at $300mn. Legal correspondent ... Show More
18m 37s