Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker, businessman, and convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 crore (equivalent to ₹ 2.3 trillion or US$27 billion in 2023)) led him to gain infamy for market manipulation. [1]

The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash.

Dec 31, 2001 · new delhi: big bull harshad mehta, who gained notoriety in the wake of multi-crore securities scam 10 years ago, died at the thane civil hospital early on monday. he was 47. mehta, who was lodged in thane central jail, developed chest pain at around 11 pm on sunday, and was shifted to the civil hospital where he breathed his last at 12.40 am, po...

Jul 5, 2016 · Who was Harshad Mehta? Harshad Mehta was a well-known stock broker, alleged to have manipulated the stock market in 1992 by drawing out funds from banks fraudulently. Some finance experts believe, Harshad Mehta did not commit any fraud, “he simply exploited loopholes in the system,” they opine.

Aug 18, 2020 · Claimed to be one of the biggest stock market scams committed in India, this fraud was systematically executed by stockbroker Harshad Mehta. It paved the way to a complete structural change of the financial security system of India …

May 6, 2024 · Harshad Mehta-Read Latest News on Harshad Mehta along with top headlines and breaking news today. Also get Harshad Mehta Updates, Photos and Videos at Hindustan Times.

Known as the ‘Big Bull of Dalal Street’, Harshad Mehta, was an Indian stockbroker who became infamous for his role in the 1992 Indian Securities Scam.

Dec 31, 2024 · Harshad Shantilal Mehta, often referred to as the 'Big Bull' of the Indian stock market, was a controversial stockbroker whose meteoric rise and spectacular downfall left an indelible mark on...

May 23, 2018 · Get all the Harshad Mehta breaking news updates, videos, photostories and more at Business Standard.

May 18, 2024 · Broker Harshad Mehta funnelled money borrowed from banks into equities on the BSE, pushing up stock prices. When the $2 billion fraud was discovered, it caused a market crash. The SEBI was created in the aftermath of the scandal, and millions of millennials have since roared in as retail investors.