The Anubhav Plantations Scam

Case Code: FINC009 Case Length: 11 Pages Period: 1992 - 1998 Pub Date: 2002 Teaching Note: Available |
Price: Rs.200 Organization: Anubhav Plantations Industry: Agriculture, Farming & Fishing, Financial Services Countries: India Themes: Corporate Scams, Controversies |

Abstract Case Intro 1 Excerpts
Abstract
The case is intended to give detailed insight into the fraud committed by the Anubhav group of companies. The case examines how the group was able to defraud the investors and the regulatory authorities with ease and provides information regarding the functioning of the plantation schemes. The case is so structured as to enable students to understand how the Anubhav group of companies defrauded the investors. After reading this case, students should be able to understand how the plantation schemes were structured and how Natesan was able to dupe the investors. The students should also understand the role played by the regulatory authorities in the rise and fall of Anubhav and other plantations. The case is aimed at MBA/PGDBA students as part of the Finance elective curriculum.
Contents
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The Doomed Depositors
Planting the Dream
The Plantations Wither
How the Schemes Worked
Pruning The Plantations
Reaping the Fruits of Greed
Exhibits
Keywords
Detailed insight, fraud committed, Anubhav group of companies, investors, regulatory authorities, functioning, plantation schemes, defrauded, investors, Natesan, dupe, investors, regulatory authorities, Finance elective curriculum
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