explain scam 1992 harshad mehta story in your answer I challenge you all
Answers
Explanation:
Scam 1992: The Harshad Mehta Story is an Indian Hindi-language crime drama web-series on SonyLIV directed by Hansal Mehta, with Jai Mehta serving as the co-director.[1] Based on 1992 Indian stock market scam committed by stockbroker Harshad Mehta, the series is adapted from journalist Sucheta Dalal and Debashish Basu's 1992 book The Scam: Who Won, Who Lost, Who Got Away.[2][3] The screenplay and dialogues were written by Sumit Purohit, Saurabh Dey, Vaibhav Vishal and Karan Vyas.
The 1992 scam was a systematic fraud committed by Mehta in the Indian stock market which made the entire securities system collapse. He committed a fraud of over 1 billion from the banking system to buy stocks on the Bombay Stock Exchange.
In the history of scams in India, the year 1992 holds a special place. That year, for the first time, the country saw an ingenious machination of its stock market.
In the history of scams in India, the year 1992 holds a special place. That year, for the first time, the country saw an ingenious machination of its stock market.Involving a fraud of around Rs 4,000 crore, the ‘Securities Scam’, as it came to be known, is still one of the biggest frauds perpetrated on the Indian stock market to date.