Ketan Parekh is a former stock broker from Mumbai, India, who was convicted in

2008, for involvement in the Indian stock market manipulation scam that occurred
from late 1998 to 2001.[1] During this period, Parekh artificially rigged prices of
certain chosen securities (informally referred to as K-10 stocks), using large sums
of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank,
of which he himself was a director.[2] As a result, he was barred from trading in
the Indian stock exchanges till 2017.[3]