The scam involved several key players, including bankers, brokers, and other financial institutions. Mehta's network of associates and brokers helped him to execute the scam, and it is estimated that over ₹5,500 crores (approximately $770 million USD) were lost in the scam.
The Scam 1992 was uncovered by a team of investigators led by the Securities and Exchange Board of India (SEBI). The investigation revealed the extent of Mehta's manipulation and deception. Scam 1992 - The Harshad Mehta Story S01 720p 10...
uncovers the fraud after receiving a tip about missing funds from the State Bank of India (SBI). Her investigation reveals a scam worth approximately ₹5,000 crores , a staggering amount at the time. The scam involved several key players, including bankers,
Financial journalist Sucheta Dalal exposed the ₹5,000 crore fraud after a tip-off about missing funds at the State Bank of India (SBI). a staggering amount at the time.
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