Harshad Mehta
Harshad Mehta was an Indian stockbroker known for his role in the 1992 Indian stock market scam. He manipulated stock prices and exploited loopholes in the banking system, leading to significant financial losses for investors and institutions. His actions contributed to a major financial crisis in India, resulting in stricter regulations in the stock market.
Mehta's rise to fame began in the late 1980s, when he became a prominent figure in the Bombay Stock Exchange. His fraudulent activities were exposed in 1992, leading to his arrest and a lengthy legal battle. The scandal highlighted the need for reforms in the Indian financial system.