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Ketan Parekh: The 2001 Scam Unveiled by 384 T SRAVYA KEERTHI is a document available to read on EtoBox.

Ketan Parekh was a stockbroker who orchestrated a major stock market manipulation scam in India from 1998-2001. He artificially inflated the prices of 10 stocks through practices like circular trading and pump and dump schemes. This involved borrowing large sums of money from banks and using it to purchase shares that he then inflated the prices of before dumping them. This caused a crash in the stock market in 2001. Parekh was convicted of his role in the scam and sentenced to prison time. His actions high

Author

384 T SRAVYA KEERTHI

Language

EN