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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.
Apr 27, 2024 · The 1992 Indian stock market scam is a dark chapter in India’s financial history, profoundly impacting investors and regulators alike. This scandal, which unfolded against the backdrop of economic liberalization, highlighted the dangers of unchecked greed and unethical practices in the stock market.
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.
Scam 1992: The Harshad Mehta Story: With Pratik Gandhi, Shreya Dhanwanthary, Hemant Kher, Anjali Barot. The rise and fall of Harshad Mehta, a stockbroker who single-handedly took the stock market to great heights, is depicted.
Oct 9, 2020 · Here are 10 key points about the Harshad Mehta scam of 1992: 1. Harshad Mehta, a registered and well-known broker, manipulated the Bombay Stock Exchange (BSE) along with his partners by...
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.
Set in 1980’s and 90’s Bombay, Scam 1992 follows the life of Harshad Mehta - the infamous “Bachchan of BSE”. It was a rags-to-riches story till financial journalist Sucheta Dalal exposed Harshad as the man behind India’s biggest financial scam.
