Scam 1992 - The Harshad Mehta Story -2020- S01 ... |work| File

: He used receipts from small banks that were not backed by actual government securities to secure massive unsecured loans from larger institutions Stock Pumping

Arrested and denied bail. His properties are sealed. The media turns vicious: front pages call him "Conman," "Stock Market Devil." But inside jail, he dictates a 100-page defense: "The system was corrupt. I just danced to its music." His followers hold candlelight vigils. The courtroom becomes a circus.

Set against the backdrop of the Bombay Stock Exchange (BSE), follows the incredible rise and sudden downfall of Harshad Mehta. Mehta, a charming, charismatic broker known as the "Bachchan of BSE," revolutionized the Indian stock market, transforming it into a high-octane arena of unimaginable wealth. The 10-episode arc covers: The Hustle: Mehta’s early, struggling days as a broker. Scam 1992 - The Harshad Mehta Story -2020- S01 ...

In the pantheon of anti-heroes—Walter White, Tony Soprano, and now Harshad Shantilal Mehta—the Big Bull of Dalal Street stands tall, reminding us that the biggest scam in the world is the illusion that rules are made for everyone equally.

The vision for Scam 1992 was brought to life by celebrated filmmaker Hansal Mehta, who stepped into the digital space for his directorial debut. Alongside co-director Jai Mehta, Hansal crafts a show that is deliberately paced yet relentlessly gripping, turning complex financial jargon into accessible, edge-of-the-seat drama. The show is produced by Applause Entertainment in association with Studio NEXT, and the production took three years of meticulous research to ensure authenticity. : He used receipts from small banks that

The series chronicles the life of Harshad Mehta, a stockbroker who took the Indian stock market to dizzying heights in the early 1990s, earning him the nickname "The Big Bull." It details his meteoric rise from a middle-class jobber to the king of Dalal Street, and his subsequent dramatic fall following the exposure of a massive securities scam worth ₹5,000 crore (approx. $800 million at the time).

To understand Harshad Mehta, you must understand the India he was born into. The 1980s were the "License Raj"—a suffocating economy where business was measured not by innovation, but by government permits. By 1990, India was on the brink of a balance of payments crisis. The country had less than three weeks of forex reserves left. Citizens had to pledge their gold to keep the nation afloat. I just danced to its music

Based on the book The Scam: From Harshad Mehta to Ketan Parekh by journalists Sucheta Dalal and Debashis Basu, the show does a masterful job of simplifying complex financial crimes. It explains how Mehta exploited systemic loopholes in the banking sector to siphon money into the stock market, driving up prices of shares like Associated Cement Company (ACC) by nearly 4,400%.

The scam is publicly exposed. Markets crash. Harshad is arrested. Banks face a liquidity crisis.

Scam 1992: The Harshad Mehta Story (TV Mini Series 2020) - IMDb

Set against the bustling backdrop of 1980s and 1990s Bombay (now Mumbai), Scam 1992 chronicles the audacious rise and spectacular fall of the infamous stockbroker Harshad Mehta. The series begins by establishing a classic underdog narrative. From a humble and congested chawl in the suburb of Ghatkopar, a young Harshad Mehta, son of a bankrupt textile businessman, dreams of a better life.