The world of finance has seen its share of remarkable stories, some showcasing genuine success and others tainted by deception. One such tale that shook the Indian stock market in the early 1990s was the Harshad Mehta scam. Harshad Mehta, a stockbroker, orchestrated a financial fraud of unprecedented proportions, which led to his meteoric rise and fall. In this blog, we'll delve into the life and times of Harshad Mehta and the notorious scam that brought him both fortune and ruin. Who was Harshad Mehta? Harshad Mehta was born on July 29, 1954, in a middle-class Gujarati family in Mumbai, India. He was a charismatic and ambitious individual who dreamed of making it big in the world of finance. After working in various financial institutions, Mehta founded his own brokerage firm, Growmore Research and Asset Management, in the late 1980s. The 1992 Securities Scam The Harshad Mehta scam, often referred to as the "1992 securities scam" or the "Harshad Mehta scam," ...