Harshad Mehta Scam Explained: The Stock Market Fraud That Shook India | IIC Lakshya English

The Harshad Mehta scam of the 1990s remains one of India’s biggest financial frauds. Known as the ‘Big Bull,’ Harshad Mehta manipulated the stock market using fake bank receipts (BRs), driving stock prices to artificial highs. But how did he pull it off? And what led to his downfall?

In this video, we break down:
✅ How Harshad Mehta exploited banking loopholes
✅ The shocking truth behind fake Bank Receipts (BRs)
✅ The stock market crash and its impact on investors
✅ Legal consequences and financial reforms after the scam
✅ Key lessons from one of India’s biggest corporate frauds

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