₹40000 Crore Stock Market Scam | Ketan Parekh Stock Manipulation Scam

Ketan Parekh, an influential stockbroker in India, orchestrated a notorious stock market scam that sent shockwaves through the financial industry. Parekh employed a range of deceptive techniques to manipulate stock prices and inflate their values, creating a false sense of market demand. His primary tactics included circular trading, where stocks were bought and sold among a network of connected entities to drive up prices, and price rigging, manipulating the demand-supply dynamics. Additionally, Parekh often used borrowed funds to engage in aggressive trading, exacerbating market volatility. Eventually, his web of deceit unraveled, leading to legal repercussions and exposing vulnerabilities in the Indian stock market.

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