Can you give the details about the Harshad Mehta scam?
April 03, 2015 4:09PM
Harshad Mehta started imaginary companies, which did not exist. He bought the shares of the company by himself. He borrowed money from banks. They demanded back the money, but there was nothing at all at the back as all imaginary companies vanished.
Asked in Law & Legal Issues
What is the Timeline of the key trial events in Harshad Mehta's case?
Harshad Mehta illegal scam was revealed in 1990 by a reporter. He was part of an $810 million scam that exploited loopholes in the banking system. He was charged with 72 felonies. He was convicted and sentenced to five years of rigorous incarceration in 1999. He died in prison at the age of 47 in 2001.
Asked in Companies
Where is company name for this number 234-01-7756430 they give you he said he is from nigiria?
Asked in Companies
What can you do if a scam company has all your bank details?
Asked in India, Criminal Law, Organized Crime
Instances of white collar crime in India?
1900s Telecom scam (Sukh Ram) HDW Submarine Bitumen scam Tansi land deal JMM Bribery Scandal St Kitts case Urea scam Anantnag transport subsidy scam 1971 Nagarwala scandal Fodder scam 1975: Declaration of Emergency Churhat lottery scam ]1990s Bofors Scandal (1990) Animal Husbandry Case (1990) Bombay Stock Exchange Manipulation & Fraud by Harshad Mehta (1992) Hawala scandal (1993) Sukh Ram (1996) Fodder Scam in Bihar (1996) Kerala SNC Lavalin power scandal (1997) ]2000s Ketan Parekh Scandal, Barak Missile Deal Scandal, Tehelka Scandal (2001) Taj corridor case (2002-2003) Telgi scandal (2003) Nitish Katara Murder Case (2004) Oil-for-food programme scam (Natwar Singh) (2005) Jessica Lal case (2006) Human Trafficking Scam involving Babubhai Katara. Gujarat Fake Encounter Controversy (2007) Cash-for-votes scandal in the federal parliament (2008) This list is incomplete; you can help by expanding it. Satyam fraud.