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Mar 12, 2014 · Ketan Parekh was a stock broker from Mumbai who manipulated the Indian stock market in late 1999-2001, in what became known as the Ketan Parekh scam. He formed a network of brokers to target and artificially inflate the prices of 10 stocks by as much as 10 times their original values.
Nov 14, 2011 · Ketan Parekh was a stock broker from Mumbai who manipulated the Indian stock market in late 1999-2001, in what became known as the Ketan Parekh scam. He formed a network of brokers to target and artificially inflate the prices of 10 stocks by as much as 10 times their original values.
Feb 27, 2023 · During the 1992 scam, he was found guilty of stealing public funds totaling Rs. 48 crore from a Canara Bank branch. How Ketan Parekh executed the scam? Parekh used both public funds and capital from powerful corporations to shoot the prices of the stocks, which was also a little different from other methods of fund raising.
Mar 16, 2020 · The man who was responsible for one of India's largest stock market scam and 1992 market crash that rattled the stock market, banking system and the stockholders! Read to find more about the infamous scam of 1992 committed by Harshad Mehta. Ketan Parekh was a chartered accountant by profession.
May 18, 2023 · What is the Role of Ketan Parekh in scam 1992? Ketan Parekh is a real-life Indian stockbroker who was involved in a major financial scandal in the early 2000s. However, he is not directly related to the events portrayed in the Indian web series "Scam 1992: The Harshad Mehta Story."
The Scam. Rigged prices of 10 shares known as K-10. Borrowed money from banks and took money from promoters and pumped them into K-10 stocks. Due to increasing volumes and prices, traders and fund mangers entered the stock. Pledged these stocks to get more loans. How did he do it? Modus Operandi.
KETAN PAREKH SCAM - Free download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. Ketan Parekh engaged in a stock manipulation scam in the late 1990s and early 2000s in India.
It describes how Ketan Parekh, a stock broker, fraudulently obtained over Rs. 2,400 crores from various banks to artificially inflate shares of certain companies. This led to the collapse of Madhavpura Mercantile Cooperative Bank and UTI's mutual fund.
Ketan Parekh Scam - Free download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. timeline and legal actions in ketan parekh scam presentation-3 slides
Sep 4, 2022 · This document summarizes the Ketan Parekh scam, a major corporate fraud that occurred in India in 1999-2001. Ketan Parekh, a stockbroker, manipulated the prices of 10 stocks ("K-10 stocks") by heavily investing in them, which caused a stock market bubble.
