Скачать или смотреть The Harshad Mehta Scam: The Stock Market Shockwave by Face Less world one

The Harshad Mehta scam of 1992 sent shockwaves through India’s stock market, exposing deep-rooted flaws in the financial system. Known as the “Big Bull,” Mehta exploited loopholes in banking and stock trading to manipulate share prices, amassing a fortune before the scheme unraveled. Using fraudulent bank receipts and leveraging public sector banks, Mehta artificially inflated stock prices, luring investors into a bubble. When the scam was exposed, it led to significant losses and prompted stricter regulatory reforms to prevent such events. The episode reshaped India’s financial landscape, emphasizing the need for transparency and accountability.

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