INTRODUCTION

 The Indian Premier League is a Twenty 20 cicket competition created by the Board of Control for Cricket in India (BCCI) and chaired by the Chairman & Commissioner IPL, BCCI Vice President Lalit Modi.  The first season of the Indian Premier League commenced on 18 April 2008, and ended on 1 June 2008.  Barriers during second season.  Third season was scheduled from 12th march 2010.

HOW IPL ORIGINATED

Cricket has always been like a religion for this country. It is seen as more than just a game. The players are considered as demigods and literally worshipped. IPL commissioner Lalit Modi did not exactly get a brainwave to launch the tourney. The format of Twenty20 cricket has emerged as a phenomenon after the Twenty20 World Cup was won by India and since then people have been totally immersed into it.

SCAMS

IPL REVENUE GENERATION AND DISTRIBUTION

Broadcasting Sponsorship Media tie-ups tieMerchandise

MONEY LAUNDERING
NRI s IPL is a major source for some individuals or parties to bring that money from Swiss banks to India for utilize it in investing in various business firms.

BETTING AND MATCH FIXING

Online Bets Anonymous Tippers SMS

CHEERLEADERS
Cheerleader Outfits Liquor in stadiums Many of them were paid huge amounts in cash

KINGS 11 PUNJAB & RAJASTHAN ROYALS

Fake Tickets and Black Marketing

Strategic Timeout Scam Broadcast Scam

POLITICAL PARTIES INVOLVED

CELEBRITY INVOLVEMENT

ROLE OF LALIT MODI IN IPL

Involved in the commercial side of the Board of Control for Cricket in India. Offering $50mn to Rendezvous sports to quit IPL. Brought IPL to high level. Toe-to-toe with the home minister.

 Involved in raising controversy . Relationships with his families of 3 IPL teams. Involved in various scandals in IPL. Generating a black money.

EFFECT OF THE SCAM

CONCLUSION