List of Financial Scams in History
The history of financial scams acts as a reminder of the vulnerabilities present in financial systems all over the world. They are a significant threat to the individuals, institutions, and investors that get involved in these scams. The consequences of these scams are far-reaching and cause huge financial losses. They also affect the economy of the country and sometimes when the scams are enormous they affect the economy of the world too.
List of Financial Scams in History
List of Financial Scams in History: A financial scam is a fraudulent scheme or practice that tricks individuals, investors, and institutions into losing their money. These are usually carried out by a single person or a company. They can take various forms and exploit the vulnerabilities of the financial system of the country.
There are several financial scams in history. some of them are bank frauds, and others are stock market frauds. In this article, we will discuss the financial scams in history. we will discuss international as well as Indian Scams.
Table of Content
- What are Financial Scams?
- Reasons for the Occurrence of Financial Scams in History
- List of International Financial Scams in History
- List of Indian Financial Scams in History
- How to avoid Financial Scams?