It was Suresh Kalpathy in 2003 and now Suresh Kalmady in 2010
What came out as a biggest scam and deafening corporate misappropriation brought the downfall of 3rdAgenda, Chennai's the then blooming web development company. The misdirections started once 3rdAgenda was taken over by SSI Technologies, then headed by Suresh Kalpathi. Suresh' had virtually ripped off the then CEO as one of the interview with Ganesh Mandalam reveals "I would have thought twice about sharing equity and consequently ownership, in the way that we did earlier.". Check out the complete interview here: http://www.megaupload.com/?d=0EB2Q2KL
Next this year sees a similar crank in India called Suresh Kalmady who is facing CWG corruption charges. Check out http://www.youtube.com/watch?v=85UutBfEHIY&feature=player_embedded
Kalpathy then, Kalmady now, who is going to be the next Kamnaati*?
[*Kamnaati in Tamil means the most obscene and vulgar fraud]