# Ramalinga Raju, the Satyam Computer Services Ltd's founder and former chairman, and his brother B. Rama Raju were found guilty of criminal breach of trust. # The eight accused are Ramalinga Raju's another brother, B. Suryanarayana Raju, Satyam's former chief financial officer Vadlamani Srinivas, former PricewaterhouseCoopers auditors Subramani Gopalakrishnan and T. Srinivas, former employees G. Ramakrishna, D. Venkatpathi Raju and Ch. Srisailam, and Satyam's former internal chief auditor V.S. Prabhakar Gupta. Also read: All ten accused including founder B Ramalinga Raju found guilty # The scam came to light on January 7, 2009 when Ramalinga Raju confessed that the company's account books and profits were inflated over many years to the tune of several crores of rupees. # The police arrested him two days later on a complaint by some shareholders. # The CBI, which took up investigations in February 2009, put the loss to the shareholders at Rs.14,000 crore. The investigating agency also charged Raju with gaining Rs.2,500 crore by selling his family shares in Satyam. Also read: EOW court gives Raju 6 months in jail # Raju was charged with floating several front companies to buy land with the scam money. He was arrested by the Andhra Pradesh Police on January 9, 2009. # The CBI, which later took up the investigation, filed three chargesheets against Raju and the other accused, charging them with cheating, criminal conspiracy, forgery, falsification of accounts and breach of trust. # Raju, who was released on bail in 2011, later retracted his confession and contended that all the charges levelled against him were false. # After the scam, Tech Mahindra took over Satyam Computers in a government sponsored auction. Mahindra Satyam later merged with Tech Mahindra. # An economic offences court on December 8 last year sentenced Ramalinga Raju and three others to six months imprisonment in six of the seven cases filed by the Serious Fraud Investigation Office (SFIO).
