Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam made him infamous as a market manipulator.
Harshad Mehta was serving his term in the Thane Prison when he complained of chest pain and was taken to Thane Civil Hospital. On 31 December 2001, Harshad Mehta died of a heart ailment in the hospital. Since the scam came to light, several movies and web-series, inspired by Harshad Mehta’s life, have been released.
Nearly 21 years after the scam-accused stock broker Harshad Mehta died of a heart attack in prison, his wife, Jyoti, has claimed he died of medical negligence as jail authorities denied him ...
Set in early 90's Bombay, Scam 1992: The Harshad Mehta Story captures the meteoric rise and fall of Harshad Mehta- the flamboyant big bull of the stock market. When feisty financial journalist Sucheta Dalal exposed him as the man behind India's biggest financial scam of the time, it shook the nation. 1980s stock exchange brother brother ...
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India , defrauding investors of over ten million USD.
The Big Bull is a 2021 Indian Hindi-language biographical crime drama film directed and written by Kookie Gulati, based on stockbroker Harshad Mehta who was involved in financial crimes over a period of 10 years during 1980–1990. The film stars Abhishek Bachchan, Ileana D'Cruz and Nikita Dutta.
As many financial journalists who covered the scam recall, Harshad Mehta successfully managed to manipulate stocks by illegally obtaining money from several banks using fake bank receipts. He created a vicious cycle of fraud involving big names such as the State Bank of India (SBI) and the National Housing Bank (NHB).
Scam 1992 was a biography on the events of Harshad Mehta, the infamous “Bachchan of BSE”. Harshad went from rags to riches by finding the loopholes, creating a bullish run in the share market.
Harshad Mehta is dead. 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 ...
Even though it wiped out over a third of the market valuation, the securities scam of 1992, popularly known as the Harshad Mehta scam, introduced a bouquet of historic changes. At a time when banks were not allowed to invest in the market, Mehta convinced complicit banks to send money to his personal account.