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| Aspect of the Scam | Key Details | | :--- | :--- | | | Harshad Mehta, a charismatic stockbroker known as the "Big Bull." | | The Mechanism | Used fake Bank Receipts (BRs) to divert money from banks to the stock market. | | The Scale | Defrauded banks of nearly ₹4,000 crore ($5 billion at the time) . | | The Impact on Market | Sensex rose nearly 100% in three months; retail investors suffered huge losses in the subsequent crash. | | The Investigation | Exposed by journalist Sucheta Dalal. Led to CBI and IT raids on Mehta's premises and a JPC inquiry in Parliament. | | The Outcome | Mehta was imprisoned and charged with 74 criminal offenses. He died in 2001 while his legal battle continued. | | Regulatory Changes | Led to the Securities Laws (Amendment) Act in 1995, significantly widening SEBI's regulatory powers. | : The long strings of numbers could be

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The plan is to investigate MLSBD.Shop, understand the risks of downloading from such sites, provide guidance on safe viewing alternatives, and structure the article to address the user's intent while warning about potential dangers. | | The Outcome | Mehta was imprisoned

Sucheta Dalal, the journalist who exposed the scam (portrayed vividly in the series), becomes a counterpoint to Mehta’s charisma. Her persistence shows that accountability is possible, but fragile. The real‑life aftermath — Mehta died in 2001 while facing multiple criminal cases, and many of the systemic loopholes were only partly closed — reminds us that regulation lags behind innovation.

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