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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.
Jul 7, 2022 · Jyoti Mehta, the widow of the late stock broker Harshad Mehta, accused the taxmen and custodian of harassing her family for three decades. She claimed that her husband died of medical negligence in prison and won more than 1,200 cases against the authorities.
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.
- (159K)
- 2020-10-09
- Biography, Crime, Drama
- 60
Oct 20, 2020 · The high-profile scam involving infamous stockbroker Harshad Mehta revealed the gaping loopholes India’s banking sector — a problem that still leads to countless bank frauds in the country. It has been nearly three decades since the securities scam of 1992 was unearthed.
- Business
Oct 21, 2020 · Learn how Harshad Mehta, the 'Big Bull' of Dalal Street, manipulated stocks and banks in 1992 and triggered major reforms in the securities laws. See how the stock market changed in terms of settlement cycle, minimum balance, trading process, settlement of trades and brokerage fee.
Mar 25, 2022 · Learn how Harshad Mehta and his associates exploited the loopholes in the banking and securities regulations to create a stock market bubble in 1992. Find out how they used bank receipts, ready forward deals, and PSU schemes to access cheap funds and make huge profits.
