Pakistan stock exchange scam brokers looting investors

IndianHawk

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Neo

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You guys are so fkin pathetic that I sincerely feel pity for your miserable existence. Do yourself and this board a pleasure, get a life!

If a Pkr7 bln scam makes you happy, you'd certainly laugh or arse off looking at these numbers.

9 Famous Financial Scams in India
Mon, Jan 9, 2017, 13:15 [IST]

Financial Scams have not been uncommon in India. A scam is a means of getting money by deception or in an illicit way with a fake identity or documents. India, has now and then seen many scams in the financial world which has shaken Dalal Street. Some of these have caused a lot of financial distress to the common man.

The Securities Exchange Board of India has been reviving rules and regulation in a aim to plug the loop holes in the securities market. Here are few famous scams from the long list of scams in India till date.







Harshad Mehta Case
Talking of scams, how can we forget Harshad Mehta. He was known to have fooled many investors by taking advantage of loop holes in the system. This was probably the most publicized scam and came to be know as the Harshad Mehta scam.

Harshad and his associates initiated a securities scam by diverting funds of about Rs 5,000 crore from the banks to stockbrokers between April 1991 to May 1992.
After the scam was exposed, the stock markets crashed and Mehta was arrested and banned from trading in the stock markets.



Ketan Parekh
Following the footsteps of Mehta, Ketan Parekh had bigger plans. He conned banks and exchanges like the Allahabad Stock Exchange and the Calcutta Stock Exchange, and bought shares in fictitious names to manipulate the share prices in companies.

Ketan was a chartered accountant who used to run a family business, named NH Securities.



Satyam Scam
India's one of the biggest corporate scandal affecting India-based company Satyam Computer Services in 2009 in which Satyam Company's chairman Ramalinga Raju confessed that he manipulated accounts to show increased sales, profits and margins from 2003 to 2008.

CBI took over the investigation and filed three partial charge sheets over the course of the year. It later merged those three partial charge sheets into a single charge sheet.

On April 9, 2015, B. Ramalinga Raju, along with 9 others were pronounced guilty in the Satyam Scam.



Roop Bhansali scam
CRB was once a top-notch investment banking firm, started by C R Bhansali. Roop Bhansali, through mutual funds, fixed deposits and debentures collected money from investors.

With the help of non-existent companies he is raised money and transferred to his other shell companies or others who invested with him.



Subrata Roy
Subrata Roy case is also called Sahara India Pariwar investor fraud case. In this case Subrata Roy, the chairman of the Sahara India failed to return Rs 24,000 crore plus interests to its investors as directed by the Supreme Court of India.

Eventually, he was arrested by Uttar Pradesh police on a Supreme Court warrant. Then Supreme court of India granted interim bail on condition that he should deposit Rs 10,000 crore with Securities and Exchange Board of India(SEBI). Subrata was eventually taken into judicial custody and sent to Tihar jail, along with two other Sahara directors, for failing to deposit Rs 10,000 crore to SEBI as per Supreme court of India orders.

He got released on parole in May 2016 to attend the last rites of his deceased mother then the parole got extended.



Saradha Scam
Chit-fund company Saradha Group's Chairman Sudipta Sen ran various investment schemes and collected money from many investors in West Bengal and Odisha.



NSEL Scam
Money from investors were siphoned off as the most of the underlying commodities did not exist and the buying and the selling of commodities was being only conducted only on paper.

Investors were attracted by offering fixed returns on paired contracts in commodities. And it was lately, found out the stocks were missing.
The NSEL is a company promoted by Financial Technologies India Ltd and the NAFE. Jignesh Shah along with Shreekant Javalgekar were accused of the scam.



Coal Scam
Coal allocation scam also know as Coalgate scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies.

There was wrongful allocation of coal deposits among government employees without competitive bidding.

2G Spectrum Scam
It was a telecommunications scam and political scandal in which politicians and government officials under undercharged mobile telephone companies for frequency allocation licenses.

According to CAG, former Telecom minister A Raja has evaded norms and carried out the dubious 2G license awards in 2008.








Read in Tamil: இந்தியாவை உலுக்கிய மிகப்பெரிய 'ஊழல்'..!
Read in Telugu: భార‌త‌దేశంలో అతి పెద్ద ఆర్థిక మోసాలు

Scama ram ram
Jay Hind! :india:
 

vinuzap

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these are reported chota jihadi unlike the lies you peddle to save stock exchange

isn't they sold the stakes of even stock exchange to china so that is the reason to sell they where doing dallagiri to get some high valuation

even this scam is to much for beggars most of the scam in india reported is bigger than economy of porkistan
 

ezsasa

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You guys are so fkin pathetic that I sincerely feel pity for your miserable existence. Do yourself and this board a pleasure, get a life!

If a Pkr7 bln scam makes you happy, you'd certainly laugh or arse off looking at these numbers.

9 Famous Financial Scams in India
Mon, Jan 9, 2017, 13:15 [IST]

Financial Scams have not been uncommon in India. A scam is a means of getting money by deception or in an illicit way with a fake identity or documents. India, has now and then seen many scams in the financial world which has shaken Dalal Street. Some of these have caused a lot of financial distress to the common man.

The Securities Exchange Board of India has been reviving rules and regulation in a aim to plug the loop holes in the securities market. Here are few famous scams from the long list of scams in India till date.







Harshad Mehta Case
Talking of scams, how can we forget Harshad Mehta. He was known to have fooled many investors by taking advantage of loop holes in the system. This was probably the most publicized scam and came to be know as the Harshad Mehta scam.

Harshad and his associates initiated a securities scam by diverting funds of about Rs 5,000 crore from the banks to stockbrokers between April 1991 to May 1992.
After the scam was exposed, the stock markets crashed and Mehta was arrested and banned from trading in the stock markets.



Ketan Parekh
Following the footsteps of Mehta, Ketan Parekh had bigger plans. He conned banks and exchanges like the Allahabad Stock Exchange and the Calcutta Stock Exchange, and bought shares in fictitious names to manipulate the share prices in companies.

Ketan was a chartered accountant who used to run a family business, named NH Securities.



Satyam Scam
India's one of the biggest corporate scandal affecting India-based company Satyam Computer Services in 2009 in which Satyam Company's chairman Ramalinga Raju confessed that he manipulated accounts to show increased sales, profits and margins from 2003 to 2008.

CBI took over the investigation and filed three partial charge sheets over the course of the year. It later merged those three partial charge sheets into a single charge sheet.

On April 9, 2015, B. Ramalinga Raju, along with 9 others were pronounced guilty in the Satyam Scam.



Roop Bhansali scam
CRB was once a top-notch investment banking firm, started by C R Bhansali. Roop Bhansali, through mutual funds, fixed deposits and debentures collected money from investors.

With the help of non-existent companies he is raised money and transferred to his other shell companies or others who invested with him.



Subrata Roy
Subrata Roy case is also called Sahara India Pariwar investor fraud case. In this case Subrata Roy, the chairman of the Sahara India failed to return Rs 24,000 crore plus interests to its investors as directed by the Supreme Court of India.

Eventually, he was arrested by Uttar Pradesh police on a Supreme Court warrant. Then Supreme court of India granted interim bail on condition that he should deposit Rs 10,000 crore with Securities and Exchange Board of India(SEBI). Subrata was eventually taken into judicial custody and sent to Tihar jail, along with two other Sahara directors, for failing to deposit Rs 10,000 crore to SEBI as per Supreme court of India orders.

He got released on parole in May 2016 to attend the last rites of his deceased mother then the parole got extended.



Saradha Scam
Chit-fund company Saradha Group's Chairman Sudipta Sen ran various investment schemes and collected money from many investors in West Bengal and Odisha.



NSEL Scam
Money from investors were siphoned off as the most of the underlying commodities did not exist and the buying and the selling of commodities was being only conducted only on paper.

Investors were attracted by offering fixed returns on paired contracts in commodities. And it was lately, found out the stocks were missing.
The NSEL is a company promoted by Financial Technologies India Ltd and the NAFE. Jignesh Shah along with Shreekant Javalgekar were accused of the scam.



Coal Scam
Coal allocation scam also know as Coalgate scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies.

There was wrongful allocation of coal deposits among government employees without competitive bidding.

2G Spectrum Scam
It was a telecommunications scam and political scandal in which politicians and government officials under undercharged mobile telephone companies for frequency allocation licenses.

According to CAG, former Telecom minister A Raja has evaded norms and carried out the dubious 2G license awards in 2008.








Read in Tamil: இந்தியாவை உலுக்கிய மிகப்பெரிய 'ஊழல்'..!
Read in Telugu: భార‌త‌దేశంలో అతి పెద్ద ఆర్థిక మోసాలు

Scama ram ram
Jay Hind! :india:
Thanks to some of these scams on the top, Most indians realised the potential of the country in those days. And also more strengthening of laws at that time. That was the first time we heard Thousands of crores in a single sentence outside of the Govt. Ex: Harshad mehta case.

One more scam you missed, telgi stamp paper scam. That was even more brilliant

Satyam Scam had one benefit: First time we realised that Govt had the capability to handle a big crisis and turnaround a big private company. Today it has a revenue of over 4 billion $ and more than 100,000 employees.

I am glad that 2G and coal scam happened, because otherwise modi wouldn't have come to power.
 

Neo

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Thanks to some of these scams on the top, Most indians realised the potential of the country in those days. And also more strengthening of laws at that time. That was the first time we heard Thousands of crores in a single sentence outside of the Govt. Ex: Harshad mehta case.

One more scam you missed, telgi stamp paper scam. That was even more brilliant

Satyam Scam had one benefit: First time we realised that Govt had the capability to handle a big crisis and turnaround a big private company. Today it has a revenue of over 4 billion $ and more than 100,000 employees.

I am glad that 2G and coal scam happened, because otherwise modi wouldn't have come to power.
The post was meant to counter the trolls who're flooding the forum with such useless threads, not you.
Thanks for the reply though.
 

IndianHawk

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The post was meant to counter the trolls who're flooding the forum with such useless threads, not you.
Thanks for the reply though.
You would make a useless thread of pakistan stock market and all the world investment flooding in.

But you won't report the scam that Riggs it the same day.

And then you think others are trolls:blah:
 

Bornubus

Chodi Bhakt & BJPig Hunter
Senior Member
Joined
Oct 13, 2015
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The biggest scam are pathological not economic because those can't be recovered.

So the biggest scam of the world is when Paki deny their Hindu Past and at the same time claim IVC as its own even though they can't decipher a single alphabet from IVC script while it was discovered (IVC) by an Indian Rakhal Das Banerjee
 

Kshatriya87

Senior Member
Joined
Feb 12, 2014
Messages
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You guys are so fkin pathetic that I sincerely feel pity for your miserable existence. Do yourself and this board a pleasure, get a life!

If a Pkr7 bln scam makes you happy, you'd certainly laugh or arse off looking at these numbers.

9 Famous Financial Scams in India
Mon, Jan 9, 2017, 13:15 [IST]

Financial Scams have not been uncommon in India. A scam is a means of getting money by deception or in an illicit way with a fake identity or documents. India, has now and then seen many scams in the financial world which has shaken Dalal Street. Some of these have caused a lot of financial distress to the common man.

The Securities Exchange Board of India has been reviving rules and regulation in a aim to plug the loop holes in the securities market. Here are few famous scams from the long list of scams in India till date.







Harshad Mehta Case
Talking of scams, how can we forget Harshad Mehta. He was known to have fooled many investors by taking advantage of loop holes in the system. This was probably the most publicized scam and came to be know as the Harshad Mehta scam.

Harshad and his associates initiated a securities scam by diverting funds of about Rs 5,000 crore from the banks to stockbrokers between April 1991 to May 1992.
After the scam was exposed, the stock markets crashed and Mehta was arrested and banned from trading in the stock markets.



Ketan Parekh
Following the footsteps of Mehta, Ketan Parekh had bigger plans. He conned banks and exchanges like the Allahabad Stock Exchange and the Calcutta Stock Exchange, and bought shares in fictitious names to manipulate the share prices in companies.

Ketan was a chartered accountant who used to run a family business, named NH Securities.



Satyam Scam
India's one of the biggest corporate scandal affecting India-based company Satyam Computer Services in 2009 in which Satyam Company's chairman Ramalinga Raju confessed that he manipulated accounts to show increased sales, profits and margins from 2003 to 2008.

CBI took over the investigation and filed three partial charge sheets over the course of the year. It later merged those three partial charge sheets into a single charge sheet.

On April 9, 2015, B. Ramalinga Raju, along with 9 others were pronounced guilty in the Satyam Scam.



Roop Bhansali scam
CRB was once a top-notch investment banking firm, started by C R Bhansali. Roop Bhansali, through mutual funds, fixed deposits and debentures collected money from investors.

With the help of non-existent companies he is raised money and transferred to his other shell companies or others who invested with him.



Subrata Roy
Subrata Roy case is also called Sahara India Pariwar investor fraud case. In this case Subrata Roy, the chairman of the Sahara India failed to return Rs 24,000 crore plus interests to its investors as directed by the Supreme Court of India.

Eventually, he was arrested by Uttar Pradesh police on a Supreme Court warrant. Then Supreme court of India granted interim bail on condition that he should deposit Rs 10,000 crore with Securities and Exchange Board of India(SEBI). Subrata was eventually taken into judicial custody and sent to Tihar jail, along with two other Sahara directors, for failing to deposit Rs 10,000 crore to SEBI as per Supreme court of India orders.

He got released on parole in May 2016 to attend the last rites of his deceased mother then the parole got extended.



Saradha Scam
Chit-fund company Saradha Group's Chairman Sudipta Sen ran various investment schemes and collected money from many investors in West Bengal and Odisha.



NSEL Scam
Money from investors were siphoned off as the most of the underlying commodities did not exist and the buying and the selling of commodities was being only conducted only on paper.

Investors were attracted by offering fixed returns on paired contracts in commodities. And it was lately, found out the stocks were missing.
The NSEL is a company promoted by Financial Technologies India Ltd and the NAFE. Jignesh Shah along with Shreekant Javalgekar were accused of the scam.



Coal Scam
Coal allocation scam also know as Coalgate scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies.

There was wrongful allocation of coal deposits among government employees without competitive bidding.

2G Spectrum Scam
It was a telecommunications scam and political scandal in which politicians and government officials under undercharged mobile telephone companies for frequency allocation licenses.

According to CAG, former Telecom minister A Raja has evaded norms and carried out the dubious 2G license awards in 2008.








Read in Tamil: இந்தியாவை உலுக்கிய மிகப்பெரிய 'ஊழல்'..!
Read in Telugu: భార‌త‌దేశంలో అతి పెద్ద ఆర్థిక మోసాలు

Scama ram ram
Jay Hind! :india:
Still India is growing. This should give you an idea of the difference between both economies.
 

Kshatriya87

Senior Member
Joined
Feb 12, 2014
Messages
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these are reported chota jihadi unlike the lies you peddle to save stock exchange

isn't they sold the stakes of even stock exchange to china so that is the reason to sell they where doing dallagiri to get some high valuation

even this scam is to much for beggars most of the scam in india reported is bigger than economy of porkistan
Most of their ex-politicians have scamed pakis and settled in UK with that money.
 

HariPrasad-1

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You guys are so fkin pathetic that I sincerely feel pity for your miserable existence. Do yourself and this board a pleasure, get a life!

If a Pkr7 bln scam makes you happy, you'd certainly laugh or arse off looking at these numbers.

9 Famous Financial Scams in India
Mon, Jan 9, 2017, 13:15 [IST]

Financial Scams have not been uncommon in India. A scam is a means of getting money by deception or in an illicit way with a fake identity or documents. India, has now and then seen many scams in the financial world which has shaken Dalal Street. Some of these have caused a lot of financial distress to the common man.

The Securities Exchange Board of India has been reviving rules and regulation in a aim to plug the loop holes in the securities market. Here are few famous scams from the long list of scams in India till date.







Harshad Mehta Case
Talking of scams, how can we forget Harshad Mehta. He was known to have fooled many investors by taking advantage of loop holes in the system. This was probably the most publicized scam and came to be know as the Harshad Mehta scam.

Harshad and his associates initiated a securities scam by diverting funds of about Rs 5,000 crore from the banks to stockbrokers between April 1991 to May 1992.
After the scam was exposed, the stock markets crashed and Mehta was arrested and banned from trading in the stock markets.



Ketan Parekh
Following the footsteps of Mehta, Ketan Parekh had bigger plans. He conned banks and exchanges like the Allahabad Stock Exchange and the Calcutta Stock Exchange, and bought shares in fictitious names to manipulate the share prices in companies.

Ketan was a chartered accountant who used to run a family business, named NH Securities.



Satyam Scam
India's one of the biggest corporate scandal affecting India-based company Satyam Computer Services in 2009 in which Satyam Company's chairman Ramalinga Raju confessed that he manipulated accounts to show increased sales, profits and margins from 2003 to 2008.

CBI took over the investigation and filed three partial charge sheets over the course of the year. It later merged those three partial charge sheets into a single charge sheet.

On April 9, 2015, B. Ramalinga Raju, along with 9 others were pronounced guilty in the Satyam Scam.



Roop Bhansali scam
CRB was once a top-notch investment banking firm, started by C R Bhansali. Roop Bhansali, through mutual funds, fixed deposits and debentures collected money from investors.

With the help of non-existent companies he is raised money and transferred to his other shell companies or others who invested with him.



Subrata Roy
Subrata Roy case is also called Sahara India Pariwar investor fraud case. In this case Subrata Roy, the chairman of the Sahara India failed to return Rs 24,000 crore plus interests to its investors as directed by the Supreme Court of India.

Eventually, he was arrested by Uttar Pradesh police on a Supreme Court warrant. Then Supreme court of India granted interim bail on condition that he should deposit Rs 10,000 crore with Securities and Exchange Board of India(SEBI). Subrata was eventually taken into judicial custody and sent to Tihar jail, along with two other Sahara directors, for failing to deposit Rs 10,000 crore to SEBI as per Supreme court of India orders.

He got released on parole in May 2016 to attend the last rites of his deceased mother then the parole got extended.



Saradha Scam
Chit-fund company Saradha Group's Chairman Sudipta Sen ran various investment schemes and collected money from many investors in West Bengal and Odisha.



NSEL Scam
Money from investors were siphoned off as the most of the underlying commodities did not exist and the buying and the selling of commodities was being only conducted only on paper.

Investors were attracted by offering fixed returns on paired contracts in commodities. And it was lately, found out the stocks were missing.
The NSEL is a company promoted by Financial Technologies India Ltd and the NAFE. Jignesh Shah along with Shreekant Javalgekar were accused of the scam.



Coal Scam
Coal allocation scam also know as Coalgate scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies.

There was wrongful allocation of coal deposits among government employees without competitive bidding.

2G Spectrum Scam
It was a telecommunications scam and political scandal in which politicians and government officials under undercharged mobile telephone companies for frequency allocation licenses.

According to CAG, former Telecom minister A Raja has evaded norms and carried out the dubious 2G license awards in 2008.








Read in Tamil: இந்தியாவை உலுக்கிய மிகப்பெரிய 'ஊழல்'..!
Read in Telugu: భార‌త‌దేశంలో అతి పెద్ద ఆర్థిక మోసాలు

Scama ram ram
Jay Hind! :india:

@Neo, You should be really proud of your scam. Pakistna has great zeal to beat India every thing. your single scam alone is worth more than all sacms of India put to gather inspite of market capitalization less than only one Indian company reliance.
 

Screambowl

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there has been not a single scam while weapon procurement, I am really amazed. The biggest scam is their army. If you do an audit you will find 1,2 petrol pumps on the names of generals' wives. Big big plots on their name.. huge land acquired and a lot of money in foreign banks.

it will amount to atleast 10-15 billion dollars. They are all corrupt.
 

ezsasa

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there has been not a single scam while weapon procurement, I am really amazed. The biggest scam is their army. If you do an audit you will find 1,2 petrol pumps on the names of generals' wives. Big big plots on their name.. huge land acquired and a lot of money in foreign banks.

it will amount to atleast 10-15 billion dollars. They are all corrupt.
To my understanding there is no tendering process in their weapons procurement, nobody knows how much the generals are pocketing.
 

HariPrasad-1

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there has been not a single scam while weapon procurement, I am really amazed. The biggest scam is their army. If you do an audit you will find 1,2 petrol pumps on the names of generals' wives. Big big plots on their name.. huge land acquired and a lot of money in foreign banks.

it will amount to atleast 10-15 billion dollars. They are all corrupt.
Actually in India, institutions are very strong and even policy decisions are evaluated with great detail to see if anybody get undue advantage or not? While pakistni laws are great like their Rape law. You need 5 eye witness with high reputation so no rape victim ever dare to complaint. Not even a single person was convicted in pakistan for rape for more than 5 years when I read that news 2 years back. Every sin becomes pak in the land of Paks. Their men in uniform are looting people. your people are given a dosage of anti India rehetoric and now they have become addict of that. Porki low life scum army people creates anti India sentiment and loot pakistan from back side. Pakistan is a classical case of how a country regress which is created on hater. Best of pakistan is yet to come out. Wait and watch for next few years.
 

Screambowl

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To my understanding there is no tendering process in their weapons procurement, nobody knows how much the generals are pocketing.
Process is there but it gives out only those findings which generals have given. Not just money corruption but appointments , university admissions, Jobs, etc are also linked to it. It is better to go to some cant and put an approach than going to some minister.

This is how they have controlled the population. Because more than 70% population does not pay full tax and if some one gets caught by vigilance then it is only the army general who can dismiss the charges. And any one who is a relative of some general the IT will not even dare to touch them.

It's a modern day 'Zamidari' , land lord ship
 

Mikesingh

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Has the Porki stock exchange crashed because of this? Just asking.....
 

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