(1992)
Harshad Mehta manipulated stock prices with fake bank receipts, triggering a market crash and major financial reforms.
Credits: Trendy Traders
(2001)
Ketan Parekh's "K-10" scam involved circular trading to manipulate stock prices, causing significant investor losses.
Credits: Trendy Traders
(2009)
Satyam Computers’ founder Ramalinga Raju inflated company assets and profits, leading to one of the largest corporate frauds in India's history.
Credits: Trendy Traders
(2013)
The National Spot Exchange Limited (NSEL) scam involved a fake commodity trading scandal, affecting over 13,000 investors and exposing regulatory lapses.
Credits: Trendy Traders
Karvy Stock Broking Scam
(2019)
Karvy illegally transferred client shares into its own demat account to raise loans, resulting in regulatory action and investor losses.
Credits:Trendy Traders
Yes Bank Crisis
(2020)
Yes Bank's aggressive lending practices led to its collapse, prompting a bailout by the Reserve Bank of India (RBI) and significant losses for its investors.
Credits: Trendy Traders
Anugrah Stock and Broking Scam
(2020)
Anugrah Stock and Broking allegedly misused client funds and provided fake profit statements, resulting in losses for several investors.
Credits: Trendy Traders
Always conduct due diligence, understand the risks, diversify investments, and stay informed about market regulations to avoid falling victim to scams