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    The 1992 Stock Market Scam

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    Swathi Swathi
    This document summarizes the 1992 Indian stock market scam led by Harshad Mehta. It describes how Mehta started his career in insurance but later became a successful stock broker, earning the nickname "The Big Bull." Mehta found loopholes in the Indian banking system to artificially inflate stock prices and committed several scams for which he faced over 70 criminal cases. While some others profited from short trades during the scam and crash, Mehta's lavish lifestyle was exposed and he died in 2001 after the Rs. 50 billion scam collapsed and he was arrested.

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    The 1992 Stock Market Scam

    Uploaded by

    Swathi Swathi
    27 views18 pages
    This document summarizes the 1992 Indian stock market scam led by Harshad Mehta. It describes how Mehta started his career in insurance but later became a successful stock broker, earning the nickname "The Big Bull." Mehta found loopholes in the Indian banking system to artificially inflate stock prices and committed several scams for which he faced over 70 criminal cases. While some others profited from short trades during the scam and crash, Mehta's lavish lifestyle was exposed and he died in 2001 after the Rs. 50 billion scam collapsed and he was arrested.

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    This document summarizes the 1992 Indian stock market scam led by Harshad Mehta. It describes how Mehta started his career in insurance but later became a successful stock broker, earning the nickname "The Big Bull." Mehta found loopholes in the Indian banking system to artificially inflate stock prices and committed several scams for which he faced over 70 criminal cases. While some others profited from short trades during the scam and crash, Mehta's lavish lifestyle was exposed and he died in 2001 after the Rs. 50 billion scam collapsed and he was arrested.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    27 views18 pages

    The 1992 Stock Market Scam

    Uploaded by

    Swathi Swathi
    This document summarizes the 1992 Indian stock market scam led by Harshad Mehta. It describes how Mehta started his career in insurance but later became a successful stock broker, earning the nickname "The Big Bull." Mehta found loopholes in the Indian banking system to artificially inflate stock prices and committed several scams for which he faced over 70 criminal cases. While some others profited from short trades during the scam and crash, Mehta's lavish lifestyle was exposed and he died in 2001 after the Rs. 50 billion scam collapsed and he was arrested.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    You are on page 1of 18

    The 1992

    stock
    market
    scam
    BY

    S WAT H I M
    Common thing between these people

    Found loop holes in the Indian banking system


    Lets see about the person who started this is
    HARSHAD MEHTA

    AMITAB BACHCHAN OF SHARE MARKET


    THE BIG BULL
    ABOUT MEHTA
    Who is this man?
    Harhad Mehta-story

     Started his career with new India assurance co.


     Quit his job in 1981 to become a sub- broker.
     Went bankrupt in 1982 & recovered soon to become more stronger.
     Went on to become one the most successful broker- the rags to riches story,
    thereby earning the nick name of “THE BIG BULL”
    EXAMPLE
    MASTER MIND
    SCAM 1
    Click icon to add picture

    SCAM 2
    EXAMPLE
    His favorite stocks included

     Acc
     Apollo tyres
     Reliance
     Tata iron and steel co.(TISCO)
     BPL
     Sterlite
     Videocon.
    First exposure of mehta
    Share market on BLOOD BATH
    More than 72 criminal cases on Mehta
    The end of the bull story

     Lifestyle (flashy cars & life like a celebrity).


     31st December 2001- the death of the bull.
     Forever remembered as the architect of the Rs. 50
    billion scam.
    ARRESTED
    The persons made money out of it
    by short trades
    RAKESH JHUNJHANWALA RADHAKRISHNAN DAMANI

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