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  1. Sep 10, 2024 · Harshad Mehta’s 1992 swindle cost Ashwin Mehta and his sister-in-law Jyoti Mehta a lot of money. He was both Harshad’s appointed legal representative and a stockbroker at the same time. A special court in 2018 acquitted Ashwin Mehta of defrauding the State Bank of India.

    • Before The Scam Broke Out
    • The Aftermath of The Scam
    • But Where Is Harshad Mehta’s Brother Ashwin Mehta Today?
    • In Closing
    • GeneratedCaptionsTabForHeroSec

    Ashwin Mehta was born into a Gujarati family and spent his early life in Kandivali with his brother Harshad Mehta. As his father owned a small textile business the family moved to Madhya Pradesh before finally settling in Mumbai. Harshad Mehta tried his hand at several jobs before finally getting his foot into the stock market. Once he learned the ...

    After news of the scam broke out Harshad Mehta, his brother Ashwin Mehta and a few of his employees and bank officials were arrested by the CBI. As the investigation carried on Harshad and Ashwin Mehta spent 3 months in jail. This also further hurt their credibility among the investor circle when he finally got out. No one wanted to deal with or be...

    Ashwin Mehta came to the limelight with his brother Harshad. Considering their involvement in the stock market one would still expect him to be heavily involved in the stock market. After the breakout of the scam and the death of Harshad Mehta, Ashwin Mehta took up law while he was in his mid-50s and successfully became a lawyer. He used his law de...

    Ashwin Mehta and his family had to face huge storms in their lives for instances created by them and some which were out of their control. Despite this Ashwin Mehta has shown courage in making a new life for himself away from the dark times involving his brother’s scam. Let us know what you think about Ashwin Mehta in the comments below. Happy Read...

    Ashwin Mehta was Harshad Mehta's brother and a key partner in the 1992 stock market scam. He was arrested, jailed, and fought legal cases for over two decades. He is now a lawyer and handles cases at the High Court and Supreme Court.

  2. Ashwin Mehta, brother of Harshad Mehta, was sentenced to five years in prison for diverting ONGC funds to his brother in 1992. He was also acquitted in another case involving SBI in 2018, after 26 years of legal battle.

  3. Nov 5, 2018 · MUMBAI: Twenty-seven years after the 1992 securities scam broke, 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.

    • Shibu Thomas
  4. Ashwin Mehta was Harshad Mehta's trusted ally and partner in the 1992 stock market scam that shook India. Learn about his background, involvement, and fate after the scam was exposed by journalist Sucheta Dalal.

  5. Nov 29, 2016 · Twenty-four years after the securities scam broke, a special court convicted Harshad Mehta’s brother Sudhir Mehta and five others, including senior bank officials and stock brokers, in a case relating to defrauding of National Housing Bank to the tune of more than Rs 700 crore.

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  7. Jul 5, 2016 · Ashwin Mehta, a lawyer, is the brother of Harshad Mehta, the kingpin of the 1992 securities scam that rocked India. He has been fighting for over two decades to recover his assets and pay off his liabilities in the Special Court set up for the case.

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