Investors have continued to dump stocks of Tainted CEO's of India.

Business should be done by ethics. There should be no short cuts. But you will find that Indians are used to short cuts. Whether it is Dhirubhai Ambani or Karsanbhai Patel to Gautam Adani, they all have grown by unethical means. It is good that we do not have prostitution legal in India else you may find another big name come up being a Prostitution tycoon in India.

With Anna Hazare's movement against corruption, another thing that is fast making rounds in Investors is while we all disapprove corruption in government level, why do we buy stocks of companies that have a foundation in wrongdoings and unethical practices? If paying bribe is a crime, investing in such stocks is also our wrongdoing.

Here are few names of Top 5 business persons who may have given money to investors but have all done it wrong way - manipulating markets, insider trading, bribes and building companies by govt (i.e Taxpayers) resources at dirt cheap prices.

1) Ambani Family - Dhirubhai, Mukesh and Anil Ambani. - They would be put on anyone's list as most unethical and gets the biggest fraudsters award. They are market manipulators and have huge businesses just doing stock price plays. Their wrongful, unchecked dealings with no government of official crackdown till date has resulted in many other businesses now learning this BAD lesson from them. Anil Ambani sold a dummy to people with "Reliance Power" issue - without laying a brick, he amassed crores of public money. Govt should not even have approved that IPO. Mukesh Ambani continues to fool people with KG D6 gas find data.

2) Gautam Adani - Gautam Adani takes a second spot as a person who has got things easily. With his close links with Modi government and following unethical practices, he has got major benefits and has been expanding his empire slowly with govt resources(public money). His land bank in Gujarat has grown tremendously in Modi era and so has his stamps on many PPP projects, ports. He even arm twists government to rise gas prices and runs a cartel to slap huge costs on end customers. With law and order failure in Gujarat, it will take few years for assessing how much deep has Gautam Adani penetrated and what kind of parasite he has been to public resources.

3) Ratan Tata - There was a time when the name 'Tata' was taken with huge respect. Lately Ratan Tata has been involved in controversies with his Tata Nano Project. While Tata could have easily invested in land in Gujarat at market rate, he got it at 90% discounted price. When Tata submitted project cost of Rs. 2200 crores, he seeked Rs. 9750 Crore loan from Govt and got it at 0.1% interest for 20 years while govt borrowed it at rate of 7.2%. This means slapping Gujarat's exchequer with Rs. 40,000 crore loss. When state govt is doing so much, Tata didn't even agree to guarantee a fixed percentage of jobs to locals. Obviously when you want Rs. 2200 crores and get FREE additional Rs. 7550 Crores, he would have diverted the funds to other businesses. This is sheer unethical and illegal act of Tata in conjunction of Gujarat Govt.

4) Vijay Mallya - Vijay Mallya would go down this list as most useless CEO. He has always wanted media attention and spent more time with glamor rather than focusing on business. He rose in numbers and fame because of his liquor business which itself is a stigma as liquor and tobacco both are vices that are known to have broken families and are a drain on country's productivity. He is in business of selling poison and living a lifestyle that gives wrong signals to today's youth. Recent financial mess in Kingfisher Airlines and his state is an example of how quickly one can fall in ranks and market credibility.

5) Ramalinga Raju - In addition to other controversies involving Satyam, on January 7, 2009, Chairman Raju resigned after publicly announcing his involvement in a massive accounting fraud. Ramalinga Raju was released on bail after 2.5 years in prison along with his brother and former board member Rama Raju, and the former C.F.O. Indians have short memory but this Satyam Scam is the father of accounting scams. When books of Ambanis and Adanis are checked by a strict auditor, there are going to be huge scams unearthed.

Sadly, we Indian's have accepted Corruption and wrongdoings as part of our lives. FIIs are now shying away from such companies and tainted CEO firms. Maybe we should learn from them.