Vijay Mallya Scam : Most Famous Scam of India | ₹ 9000 Crores | Full Story | Case Study
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- เผยแพร่เมื่อ 15 พ.ค. 2024
- Vijay Mallya Scam : Most Famous Scam of India | ₹ 9000 Crores | Full Story | Case Study
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Also watch -
Harshad Mehta Scam - th-cam.com/video/0NH1Ez6LtN4/w-d-xo.html
Nirav Modi Scam - th-cam.com/video/g6PZLRNGXxs/w-d-xo.html
Harshad Mehta was a hero....its a shame on our government, our ministers, and our system that we lost such a gem....he was just a hard-working and innocent man who wanted to live a better life. But it could not be digested by our system. Such a shame for all of us that we could not save him.
RIP THE BIG BULL
(P.S. Corona is punishing mankind because mankind punished many noble souls like Harshad Mehta)
Chor
@@mayankshuklla2251 If a web series came on Dawood , even dawood will be a hero for u
@@abhishekkumar-jw6rl so basically both an underworld don and a stock investor are same for u?
@@mayankshuklla2251 He was not a stock investor..he was stock broker...brokers are middlemens who earn commisions...brokers kab hero ban gaye!!!??
Kingfisher (Beer) took him to the sky, Kingfisher (Airlines) brought him back to land!!
This is Epic 😂😂😂
Landing was smooth ;)
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My goodness, that was funny 😃
daaru pio masst jio..
1998 Vijay Mallya looks like Pablo escobar 😂😂
@Gean Draige do you have any idea what you are taking about?
Yaaa
@Gean Draige Escobar was a mass murderer , what morals you seek to elicit from his brutality is something i would be curious to know .
@Gean Draige morals really???? You know nothing then
Poor man's Escobar
it wasn't really a scam , it was investing and acquiring a business in an industry that was soon to be bankrupt , it was a wrong decision at a wrong time and taking loans for that it was a ticking time bomb
@Awesome Gaming when banks give money for seting up businesses and leveraged buyouts banks also get part of profits its called project and future business stretegies dept. in most of europe and north america , i don't know what its called in indian banking system , so it wasn't even loan to be techincally correct
This fellow looks like WWF "Rikishi" 😅
He gave India the stinkface
@@tabascoblast7245 lol 😂😂
@@tabascoblast7245 dude 😂😂
Rikishi yehh🤣🤣🤣
Cbi main job kate ho bhai
When that much money is involved
Justice never comes
Hail corruption
No one becomes big untill the person is corrupted
Or does a scam
@@soham_is_dracula what about ratan tata
@@aditya._.pratap7 u are talking about a exceptional figure buddy
Which everyone can't become
@Gaurav Gadhale ok I am sorry sir
@@aditya._.pratap7 ratan is true buisness men..
Basic principle of buisness is not to go fastlane ..n to treat customers like own family member.
Tata always listens to his customers/employee's complaints n work to solve their complaints.
Mallya is stingy especially when he have to clear debts in 1k-2k crores.
Tata would hv cleared it easily if same scenerio in his company..
Tata is fearless...mallya is chor n darpok.
its funny SBI wont pass a education loan to the needy without a collateral but can trust Mallya 🤣😂
I wanted to invest too but the price is not stable
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Mallya got high on kingfisher, his own supply. That's the grave mistake.
"I am today what i am because i have recognised the need to learn on a constant basis"
~Vijay Mallya
Didn't paid salary of kingfisher employees....that's a shame
The salary of pilot is to high
didn't pay
@@pinkynandi8894 😂
@@pinkynandi8894 pilots dont make 9k crores eh
@@jacobjackson8619 they should not be paid more than 5lakh/month either
Nowadays plane fly automatically they just have to do the landing
Nice video as always! I laughed at the ending where Vijay mallya says "Peace!" XD
We are gaming channel beginners 😀😀😀😀😀😀😀😀😀
I have a BMW, Benz , Ferrari , 8BHK😀😀😀
Can you say the music which was played earlier....
Abhi Chor hai
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Everyone: Why dada why.
Vijay Mallya: I did business.
thiz izzz bizzznezzzz XD
@@ankit3005 xD
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Now this is what i call quality content
Mallya sus
This Channel is Truly a Gem. I saw a video first and I am on a montage now
Not a scam but a failed business
Successful businessmen
@@statustime3887 Failed businesses worldwide are essentially legal scams. Big Money, Big Lawyers, Big Courts, SMALL settlements.
@@statustime3887 Failed businessman and scammer. Business failed because of bad decisions and he scammed banks by taking loan to buy interest in other businesses abroad and not paying back the loan.
@@TheSlimmshadyy u r chutiya
@@statustime3887 You are maha chutiya.
I wish he kept succeeding
we need success stories in India
We need every young man in India to aspire to have businesses and push India in technology
Fuckin truee
yes succeed but with honest means
@@TheAnugupta absolutely.
Damn yeah, he sounds very charming and charismatic too
Dude... There are a lot of success stories around... Rather this sets an example of what greed can do to a business.
Banks scammed themselves. He is offering the money to them even after they auctioned his cars and properties.
Business loss and scam are two different things. In a scam people earn money. In a loss people lose money...simple.. I don't think he has done any mistake
Real scam is done by anil ambani and his stocks
Please first educate yourself about his case. He was busy living an extravagant and lavish life, throwing away his money on luxuries and parties and women while not paying the loans of banks. To avoid payment he then quietly moved abroad. If he was having so much losses do you think cutting down on spending rather than eating public money was a better idea ?
@Vivekamunund Once Said Lol he has much more than 9000 $. He just doesn't want to pay it if he can avoid it.
@Vivekamunund Once Said He is accused of money laundering and he is a willful defaulter. Its not about what is owed by the board members, its about what is owed by him to the various banks. His board members liabilities doesnt mean he is free of every liability. He still has to repay his share.
In 1996 he looks like PABLO ESCOBAR
He litrally was
Plata o pomo
Thinking the same..
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Mallya-I feel proud of being Indian.
Indians-We feel shame that you are a Indian
His formula 1 company's name force India..he brought back Mahatma Gandhi's possessions in UK auction...he tried his best to provide best airline service. Recession, fuel cost all brought him down...he should have served jail sentence here instead of flying to the UK...
His intentions seems to be were not wrong but his desicions on investments went wrong....i feel he should not be insulted or humiliated but take the assets back
If only kingfisher airlines ran with a slower and stable pace without acquiring debts then Kingfisher would still be running today.
Mallay's arrogance made him fall,from a legend to fraudster but still till date kingfisher was the best airlines,and he was the only indian who formed F1 racing team,I still admire him for this
Like scam 1992, another series of vijay mallya should come up with name- "vijay mallya- one man, many loans" 😂😂😂
😂😂😂😂lol
Phir log isko bhi admire karenge
Bad boy billionaire
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Only Two people's accents from india impressed me that much
Ravi shashtri
Vijay mallya
Shashi Tharoor
These are not scams, this are collusion of netas and banks and business mans
And poor जनता😂😂😂
Psus banks
@@chaitulion2672 LOL , elect the correct man , corruption flows from top. The neta force the govt employees to give free loans to these corrupt bastards.
@@udbhavsingh8608 as long as psus banks are there corruption is inevitable
@@chaitulion2672 Again completely wrong analogy , your entire assessment is quite ignorant , considering the fact that during lockdown it was the govt employees who have been on the frontline risking their lives while all private employees were either fired to prevent losses or were provided work from home. PSUs bank make sure that investors are in safe margin. Also considering this is India , I don't think private sector isn't going to perform any better. From what I've observed corporate fraud is way larger than govt ones. Best method is to clear all sorts of political influence from such govt institutions. eg. (Specially for you) IL & FS fraud
@@udbhavsingh8608 Who is the correct man?
Almost every politician turns to corruption once in power.
He didn't scam he's ready to pay the amount with interest but there are political issues. He's a great businessman which has taken every business to its immense height he always wanted the best but accidents are never predicted it's a part of life
@Backend Programmer bcos he is south indian?
@@dcmhsotaeh WTF?!?!?
@@dishkyaondishkyaondishkyao7859 He is from Karnataka. His father established UB group. By the way, talking about looks of South Indians, Aishwarya Rai, Hema Malini, Sreedevi and Shahrukh Khan (from his mother's side) are having south indian origins. 🙂
Tell him that he just saying but not paying......
He said he'll only pay the principal amount not the interest.
Just one bad business idea led to his downfall. Even Richard Branson took heavy losses in Virgin Airlines. Else he had been a very successful Indian businessman!
I hope they make a series on him like scam 1992 and people start hailing him as daring, witty and flamboyant, like Harshad Mehta 😌 Maybe Nirav modi after that😀
I don’t know how he can live a cheating life.. how many families spoiled because of him.. major thing his debt is paid by the people if India.. in the form increased rate for loan and decreased rate for deposits..
@@rishikanth1094 don’t ever think to become like him.. ie. how to live luxury using debt money.. and how to cheat .. I will agree if the same if u have said for Abdul Kalam like people.. even he don’t have money.. he lives in many hearts .. even after death.. each and every one likes him..
Eventually he enjoyed his damn fuckin life.. Opportunity comes once in a lifetime 💸💸💸
you only live once...cheat and live a happy life :-) !!! (its a joke !!)
a little unfair on him. he was made a scapegoat probably for his luxurious lifestyle. Both the companies he formed UB and USL have done well. They generate lot of revenue and pa lot of taxes to the govt. It is he who gave likes of Virat Kohli and Deepika their first break. As far as Kingfisher goes go check the status of SpiceJet and Jet. SpiceJet was rescued by BJP backed money. Everybody knows that new promoter Ajay Singh is a front and he is backed by BJP. And recently Jet has been revived. The consortium that has taken over the airlines has not paid even a single penny of 20k crore due back. Banks have converted all the dues either to equity and given the consortium a 5 year moratorium. They have only bought 200-300 crore for operational expenses. I am not defending Mallya but if Jet and SpiceJet got so lucrative deals then Kingfisher deserved a chance as well. And all this crap that he robbed banks etc etc is just farcical. For a common man banks make him run pillar to post for any loan. To Mallya they gave him 9000 crores without any due diligence. There are even bigger defaulters than him. JP Group, Videocon where quid pro quid has been established, etc etc. There are bigger defaulters than him. At least Mallya ran the airlines. He did not defraud the banks. The banks have defrauded the Indian public.
@@brajeshsingh2391 Wtf are you talking about ? He has cheated more than a dozen Indian banks and has multiple cases of money laundering. He has taken personal loans from banks to invest in other businesses and assets abroad and did not pay back the loan, even though his assets are more than his debt.To avoid any justice he ran away from India. He simply doesnt want to pay back the loans and enjoy his life in UK. He has said that he doesnt misses India because he moved all his family abroad and has no plans to come to India because there is an arrest warrant on his name in India.
Can you make video on jordan belfort 'wolf of wall street'.
And I was harassed for not paying my 35k SBI Credit card due on time. SAD LYF!
Chutiyaaa Banks.
(Later I had to pay the amount when, they reached to my home.)
35000Cr hota to nahi aate lene
Sad reality
Can you please make a video on ratan tata...😇😇😇
Nice suggestion ! Thanks.
Taking loan from SBI is not easy..they have a very strong due diligence process. He made a loss which was unforecasted by anyone.. He didn't had the intention to loot, he just couldn't repay the debt for the losses. However, the consequences were severe.
Meanwhile ADANI be like : HOLD MY BEER 🍺
Taking loan from sbi is easy .. I'm into real estate and I can see abi has funded many properties under litigations.. all depends on how you present yourself. The bank managers are fraud
now Mr Nags is richer than Vijay Mallya.
Peace !! 😅
😂😂 yes maybe
peas 😂
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Indian youth must take him as an inspiration..
Daring
Execution
Superb qualities..
Yeah we see him as a scammer but when we look back he did also achieve things. He failed at one thing and had no other option but to flee. Rather than scammer he is person who failed trying.
He became MP in Rajya Sabha, This already shows how he got away with 9,000 crore.
Waiting for web series on netflix or amazon soon .
There is one - Bad boy billionaires I think
I am waiting in “Ullu” app.😃
Sony liv
It's already available on Netflix, 'Big boy billionaires' !
Akshay Kumar signed for the same
Excellent explainer in chronological order😘
Whatever he do i think he is the genuine person to said for repayment his loans.
True
Isn't this the same India where poor farmers are chased for pity bank loans.
Shame
I personally feel that Mr. Malaya is not at fault. Airlines business for any private party is difficult. Loan amount is less than interest and penalties. He did start the Airlines. People envy Mallya's flamboyant life style. Some politicians made a scapegoat of him.
Is it only me younger Mallya looks like Pablo Escobar 🤣🤣🤣
The only difference that Pablo is a drug Lord vijay mallya is a corruption Lord 😅
@@thygreekgod true buddy 🤣🤣🤣
My Self beeing an Ex Deccan & KF employee..... Have gone through a lot of turmoil ....& KNOW MORE TRUTH THAN THEY HAVE CONVEYED IN THIS VIDEO 🙏
Tell us more 🤐
Mujhe 20 hazar ka phone khareedne ke liye loan nhi milta 🤔
Are bhai authorities haath me hote businessman ke paas toh jab miya bibi raazi apan hi reh jate hai kaazi
Bro sadly, you have not mentioned anything that's not there in the Netflix series Bad boy billionaires.
Looks like the content is taken from there
Unfortunately it is the banking condition in India that they give huge loans to such companies who commit frauds but if small business owners go to bank for loan to expand business and do something good then banks ask several questions and deny loans. Such is the plight of Indian banking system.
"I am thief,i stole honest middle class people's money"
Why did they issue an order to imprisonment on a person who was making settlement offers?
I mean just look at the multiple problems he had been facing. Crores of loss per day in his airlines, banks running after him to clear their debts, employees in strike demanding for their salaries. The level of tension he must have faced is unimaginable.
But he wasn’t involved in any unlawful activity, atleast not been reported yet.
Banks have to do their due diligence before landing. If it wasn’t that big amount, he can’t be forced to stay in India
I fly with kingfisher, services were better than air India. Luxurious services with a fraction of price.
Then why don't you pay his all debts , he had problems you said then why did he take lots of money from banks is this business , are you encouraging him like the people in our country
@@baligandlasubbarayudu885 chill holy
@@kuratchiminisuta same to you chill wholy
I personally feel that Sh.Vijay Mallaya is a nice person and if given a chance he can again put up his business to top in India. Lets hope for the best.
A nice person doesn't run away from consequence
@bipin What a delusional person you are
@@aronorenda this country is a s#it hole run by populists who have no idea on how to protect the business class. We cannot create another Mallya , people like him take risks but the laws in india are archaic and not very business friendly
According to him making bank managers fool is part and parcel of business.
Aston martin bought king mallya's f1 team
What a progress
When kingfisher staff sees
maliya they say . Vijay maal laaya 🤑🤑🤑
Harshad Mehta says noob 😂😂
😂😂😂😂
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He loves india and elevated india, left india in an unimaginable way.
Employees are working for money, that's the failure while mallya elevate the name india.
EXCELLENT VIDEO MAN 😁
What about newest scam of 8000 crores with canara Bank??
Bro didnt undwrstand please make a video again on this topic like Scam 1992
What didn't you understand?
Hi Please say the music which is there at the background!
Good video... may i now the Detail of BGM which comes from beginning
+1 searching for it.. same here
What a content bro keep it up ✌️👍
King of good credit fdi in airlines came too late to save kf. Liquor receipts could've paid off debts eventually. Kf air was good and kf Beer ok. Think his undoing was f1 from that he was spread too thin and without investment in airline it all crumbled. To be honest maybe had he been able to get investment could've survived I think. I'm no expert.
He will be back to India i am sure when he makes 9000crs
Lmao and when will that happen? Dude he is already old aged and started applying for mental asylum to not get extradited. And even if he miraculously earns that much trust me he won't ever in his life come back 😂
Greed is a curse ..indeed!!!
Your voice is real or any software
He looks and does business very much like Donald Trump.
U don't know anything about Donald Trump bro, He was into real estate and vijay malya was into breweries
This guy stole from us, and the government doesn't care 🥴🥴and some consider him as a hero🤢🤢
In 2000s i remembered there used to kingfisher calender girl contest. It used to be so lavish.
VUJAY MALIYA ONE OF THE BEST BUSINESSMAN 👌
This is what u call a quality content!
remember capain gopiganth because of him middle class people are travelling in air lines,
there was a movie on him named sourarai poturae acted by surya in tamil
"I am here to watch the game"
The game's over, Mr. Mallya.
He looks a bit like pablo escobar.....the drug lord ..
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Paise Ka chakkar babu Bhaiya paise Ka chakkar😂😂
Can you tell me the background music u used
Love your videos and style ❤️
Great content! Subscribed
why do people who speak in English have the micky mouse type of smirk on their face ?
How many of you are here with the feel it would be something new that we did not know about Vijay and then realizing it’s highlights from the Netflix edition of Riches to Rags
Can any one say the bgm which is used in intro?
Meanwhile Vijay Malya: this is business 😂
Vijay Mallya : I did a scam of 9000 crs
Le, Harshad Mehta : you r noob
😂😂😂
Harshad actually scammed 4000 crores.
@@uddyantripathi8994 aaj ka value 20000 crore h
His properties n total reserves in india were sold for twice the intrest rates...even from foreign properties and bank reserves..
Yet he did impacted and thrashed the market due to instant debt n bankruptcy issues
If they had made a series like scam 1992 about Vijay mallya a lot of Indians could have been fooled and hail him as a hero. Vijay should have left some amount for a Netflix series. 😂
Intro🔥
Ahhhh se AHHH AND AAAO TAK
But no, people will always blame someone like Harshad Mehta who chose to stay in his own country rather than running away like Malya.
And what happened to harshad?
Murdered in secret.
Why would malya stay in india?
But actually king fisher airlines was the best airline during its time. since providing everything all the good facility in that budget may be company couldn't stand
In India this is not a scam... This is money gaining farmula with politicians support and bankers cooperation...👍 god bless u scammers 🙏
Fun fact :- "Thief settled in stolen country".
Your voice is so soft
He is inspiring for everyone who left prosperity
Very good video. Good naration.👌👍
Dude your voice🔥
Yeah.. also what's the background song from start till end? Vibing smoothly, nice music!
This is copied from Netflix series
His main cost was all the models, that he had.
I remember once when we had been at his place our team was basically an interior design firm that he had asked for.
I remember we saw the hot models he had In the rooms, but nobody would talk about casting couch.... surprising
Bhai ee background music kya hai.this is not a cooking video
India is a country where a man will be called all sorts of names even after he's paid back all his debt, plus interest. Not saying he did nothing wrong but it definitely wasn't deliberate. If your company tanks, you will also have trouble paying back 9000cr overnight. Fun fact - all collateral has been seized, over 14000 cr recovered and he's still being hunted
Dude he laundered money illegally into lots of companies. That's illegal.
@@adip8 lmao the embezzlement charge on him is 6 million dollars. That's like 100 rupees in vijay Mallya terms. Also, if you any big financial corporation in the world and look at it with a magnifying glass, you will find financial laws being skirted and broken. The primary loan amount that he borrowed has been paid off with some extra change. And no company's chairman goes to jail if the company goes under and there's a debt mountain. The only problem with Mallya was that he took the loans on a personal guarantee, so he HAD to pay them back.
@@sehajmahajan4683 I don't care about people who engage in whataboutery. He should rightfully jailed for laundering money illegally.
@@adip8 lmao jail a billionaire for moving around 6 million? Something like this happened when sachin Bansal's wife filed a dowry and harrasment suit against him over a Bangalore flat for about 6 crore and some gold. This was done in 2016 when sachin Bansal was worth billions lol
@@adip8 stop believing the rhetoric that rich people are corrupt and wrong just because they're rich. It is easier to make a rich man poor than to make a poor man rich, in India.
Why does the public servants behind this fraud were not charged ?
Defaulting on loans is not fraud, it is misfortune
One of the best entrepreneurs... In life
It's shame that he is living the life without getting his sleeps disturbed, shame on the government and the system.
It's impossible to see him without getting raged.