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Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 Crores) made him infamous as a market manipulator.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD.
Oct 9, 2020 · 1. Harshad Mehta, a registered and well-known broker, manipulated the Bombay Stock Exchange (BSE) along with his partners by taking advantage of loopholes in the banking system. 2. Mehta...
Aug 18, 2020 · Claimed to be one of the biggest stock market scams committed in India, this fraud was systematically executed by stockbroker Harshad Mehta. It paved the way to a complete structural change of the financial security system of India bringing in a slew of reforms in stock transactions.
The infamous Harshad Mehta scam is one of the biggest stock market frauds in India and is related to 1992 stock market crash. Read all about Harshad Mehta fraud, the stock market scam.
Apr 27, 2024 · Today, we take a look at how the Harshad Mehta scam was executed and possibly try to understand how he was able to fool the entire Dalal market and even the Indian banking systems. Further, we’ll also discuss why he plays such a considerable role in our pop culture and that too not as an antagonist.
Mar 25, 2022 · The securities scandal of 1992, with Harshad Mehta as its main player, is back in collective consciousness nearly three decades after it was perpetrated, thanks to Sony LIV's popular web series Scam 1992.
Nov 5, 2018 · A special court last week acquitted eight senior bank officials and Ashwin Mehta, the elder brother of Harshad Mehta, in a Rs 105-crore fraud involving the State Bank of India.
Oct 25, 2020 · But the central figure of the scam remains Harshad, and the 1992 securities scam is often referred to as the Harshad Mehta scam, which would be either giving him too much credit, or making him the scapegoat, depending on how you look at it.
Aug 15, 2022 · Even though it wiped out over a third of the market valuation, the securities scam of 1992, popularly known as the Harshad Mehta scam, introduced a bouquet of historic changes. At a time when...
