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What is Harshad Mehta: The Big Bull Scam Explained about?

Harshad Mehta was a prominent stock broker in India known as the "Big Bull" who orchestrated one of the largest securities scams in 1992. He manipulated the banking system and stock market through illegal practices like printing fake bank receipts and diverting bank funds to artificially inflate stock prices. The scam resulted in losses of Rs. 4000 crores for banks and a crash in stock prices, devastating many individual and institutional investors. Mehta was later arrested and charged with multiple civil a

Author

Ashish Rawat

Language

EN