The Finance Club of Apeejay Institute of Management & Engineering Technical Campus (AIMETC), Jalandhar, inaugurated its first event of the academic session 2025–26 with immense enthusiasm and scholarly spirit. Titled “Fraud Files: Financial Sleuths”, the event was held on September 10, 2025, and brought together budding finance enthusiasts to investigate and present some of the most significant financial frauds from India and around the world.
A total of eight participants stood out for their extensive research, critical evaluation, and confident delivery. Each presentation not only dissected the chosen case but also highlighted lessons on corporate governance, transparency, and financial ethics.
The competition opened with Team 1, Kashish and Harleen (B COM Hons. I), who revisited the rise and fall of Vijay Mallya and Kingfisher Airlines, impressing peers with their poised responses during the Q&A. Kamakshi (B COM Hons. III) followed with a detailed exploration of the Danske Bank Scandal, one of Europe’s largest money laundering cases, which deeply impacted the global financial system.
Adding diversity to the narratives, Aditi Thakur (B Tech CSE I) chose the lesser-known Salad Oil Scandal of 1963, appreciated for her clarity and fresh perspective. Bharti (BBA V) examined the Nirav Modi Scam, focusing on loopholes in the SWIFT system and Letters of Undertaking, bringing technical insights into the discussion.
Further, Chandan (BBA V) dissected the infamous Ketan Parekh Scam and his “K-10 stocks” strategy, drawing connections to Harshad Mehta. Anjali (B COM Hons. III) presented on the PACL Ponzi Scheme, highlighting the risks of seemingly lucrative investment opportunities with reflections from her personal experience. Muskan (BBA V) concluded with the Satyam Scam of 2009, narrating Ramalinga Raju’s shocking confession and the eventual Tech Mahindra merger.
Around 30 students attended the event, enriching their financial literacy and awareness of fraud prevention. The winners were declared as:
- First Position: Bharti (BBA V)
- Second Position: Kamakshi Jain (B COM Hons. III)
- Third Position: Aditi Thakur (B Tech CSE I)
Dr. Rajesh Bagga, Director of AIMETC, applauded the participants for their in-depth research and congratulated the winners. He also commended the Finance Club for curating such a meaningful initiative, noting how events like these enhance financial awareness, analytical thinking, and holistic development of students.
The judging panel, comprising Dr. Anu Sahi, Ms. Arushi Sikka, and Mr. Rohan Mahajan, praised the participants for their clarity, structured arguments, and confident delivery. The event was organised under the guidance of Dr. Anu Sahi (Convener) and Ms. Arushi Sikka (Faculty Coordinator), who motivated students to learn from real-world financial cases.
“Fraud Files: Financial Sleuths” not only celebrated academic excellence but also encouraged students to become vigilant, responsible professionals ready to navigate the complexities of the financial world.