Tell me the recent biggest Accounting froud happened in india? How do you find the Accounting fraudulent happened or not?

Question

Accepted Answer

One of the recent biggest accounting frauds in India was the Punjab National Bank (PNB) scam involving Nirav Modi.

The PNB scam involved fraudulent issuance of Letters of Undertaking (LoUs) worth over $2 billion by Nirav Modi and his associates.
The scam was uncovered in 2018 when PNB reported unauthorized transactions to the RBI.
Nirav Modi and his uncle Mehul Choksi were accused of colluding with bank officials to obtain credit from overseas branches of Indian banks using fraudulent guarantees.