Team News Riveting
Having come to the limelight for financial frauds, Indian’s four corporate big wings will be on the small screen watched across the world.
The Netflix, world’s leading internet entertainment service with 158 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films, will be airing a documentary “Bad Boy Billionaires: India”.
The documentary is based on four Indian billionaires—Vijay Mallya, Subrata Roy, Nirav Modi and Ramalinga Raju, who had hogged the headlines for their role in money laundering. The documentary will start streaming on Netflix from September 2.
The trailer for the upcoming Netflix documentary “Bad Boy Billionaires: India” is the most-talked about show in India. The series aims to take a closer look at how these billionaires built their empire and how their financial crimes ruined it.
The investigative docu-series explores the greed, fraud and corruption that built up — and ultimately brought-down India’s most infamous tycoons,” the Netflix description read.
Nirav Modi, a luxury diamond merchant, is currently lodged in a UK jail and has been accused of defrauding the Punjab National Bank for a whopping Rs 28,000 crore in 2018.
Known for his luxurious lifestyle, Vijay Mallya owes nearly Rs 9000 crore to various Indian banks. Now in the UK while the Indian government is chasing for his extradition, Mallya is the poster boy of India’s banking crises.
Subrata Roy, the mighty businessmen who built an empire across different verticals with his strong lobbying in power-centre, has allegedly defrauded small investors of money to the tune of Rs 25,000 crore. Roy is currently on parole.
Byrraju Ramalinga Raju, the former CEO of the outsourcing giant Satyam Computers admitted to falsifying revenues of the company to attract investors. The scam sent shockwaves across the stock-market and India Inc. The biggest corporate scam in the country then led to upheaval in corporate governance norms.
