10+ Conspiracy Theories That Turned Out to be True

Satyam was one of India’s biggest tech companies, reporting healthy profits and piles of cash. In late 2008, its founder tried to spend over $1 billion buying firms owned by his own family. Investors revolted, and many began asking where all that cash really was.

They soon found out: it mostly didn’t exist. In January 2009, founder Ramalinga Raju confessed in a letter that he had faked over $1 billion in cash and profits for years, comparing it to riding a tiger he couldn’t safely escape. He was later jailed.