HARSHAD MEHTA SCAM 1992 share market's biggest scam harshad Mehta
HARSHAD MEHTA he is the stock broker At Bombay stock exchange he was born in 29 July 1954 in a gujrati family . He is known for his flamboyant personality. HARSHAD MEHTA and his brother ASHWIN MEHTA together start the stock broker business named ( Grow more) initially he did a jobers job to understand and learn how market works. HARSHAD MEHTA was the highest income tax payers more than Ambani's in 1992 he pays the highest income tax of 24 crores. Harshad Mehta and his brother ashwin Become the big bull of stock market they operate the stock in stock market by doing insider trading. He pulls the price of ACC cement to 10000 however the fundamentals of company that time not so good. That time fight between bear gang and Bulls are the talk of the town Harshad pulls the price by using bank's fund he use the bank's fund for trading which is illegal he found loopholes in it. Jarnalist suchita dalal: journalist and employee of state b...