Security scam

By: MANISH MAHAJAN 20-MBA13

CONTENTS

IntroductionSecurity scamModus Operandi ImpactsActions taken Conclusion

introduction

Gujarti Family

Big dreams

Sub-broker for

stock brokers J.L.

Shah and Nandalal

Sheth

The big bull

Grow More

Research and

Asset

Management

Co. Ltd.

scam

Scam exposed

Sucheta Dalal “In 1992, when I broke the story about the Rs 600 crores that he had swiped from the State Bank of India, it was his visits to the bank’s headquarters in a flashy Toyota Lexus that was the tip-off.”

Modus opernadi

Bank of Karad and Metorpolit

an Co-operative

Bank

Broker Harshad Mehta

Lender bank

Issue fake BR

Funds

Impacts

impact

Banks had to bear Rs 4,000 crores

loss.

The chairman of the Vijaya bank

committed suicide .

Stay on Liberalisation.

BR was removed by RBI.

Bribery case on Narsimha Rao.

Mehta after scam