Scribd Logo
Upload

Welcome to Scribd!

  • The K-10 Scam

    Uploaded by

    pramendra Singh
    19 views5 pages
    The document summarizes the K-10 stock market scam of 2001 in India led by Ketan Parekh. Ketan Parekh manipulated stock prices through circular trading and pump and dump schemes, skyrocketing prices of obscure stocks up to 5,000 times. He was inspired by previous scammer Harshad Mehta and used loans from banks and institutions to invest larger sums and make more money. The scam shook the Indian stock market and became one of the largest in the country at the time.

    Original Description:

    Original Title

    The K-10 Scam (1)

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document summarizes the K-10 stock market scam of 2001 in India led by Ketan Parekh. Ketan Parekh manipulated stock prices through circular trading and pump and dump schemes, skyrocketing prices of obscure stocks up to 5,000 times. He was inspired by previous scammer Harshad Mehta and used loans from banks and institutions to invest larger sums and make more money. The scam shook the Indian stock market and became one of the largest in the country at the time.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views5 pages

    The K-10 Scam

    Uploaded by

    pramendra Singh
    The document summarizes the K-10 stock market scam of 2001 in India led by Ketan Parekh. Ketan Parekh manipulated stock prices through circular trading and pump and dump schemes, skyrocketing prices of obscure stocks up to 5,000 times. He was inspired by previous scammer Harshad Mehta and used loans from banks and institutions to invest larger sums and make more money. The scam shook the Indian stock market and became one of the largest in the country at the time.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    THE K-10 SCAM

    THE KETAN PAREKH SCAM 2001


    - A presentation by Team 5
    THE SCAM AND THE KETAN PAREKH

    • In 2001 A Big Stock Market Scam Was Exposed, Which Shook The Whole Nation.

    • Not only our country, but the whole world came to know about the current pied piper of
    the stock market.

    • It Was The Second Most Important Scam In Bombay Stock Market After 1992 Scam
    • The Master Mind Behind The Scam who learnt from the phoenix himself i.e. Harshad
    Mehta, Is None Other Than MR. KETAN PAREKH.
    • Ketan Parekh, the so called “PARAS PATHHAR” turn anything onto gold what he touched.
    • He skyrocketed prices of unnoticeable shares upto 5000 times approx.

    • Mr.Ketan Parekh Was Inspired By Harshad Mehta And Was Wiling To Become Like Him He
    Soon Realized That If He Wants To Become Rich Then He Had To Think Like Rich.

    If he wants to make more money so he has to invest more money which will be sponsored by the
    institution, bank & promoters.
    HOW THE SCAM EXECUTED

    Ketan Parekh basically started manipulating the market by 2 ways

    Pump
    & Circular Trading
    Dump

    You might also like