| Year |
Scam |
| 1992 |
Harshad Mehta Scam |
| 1993 |
Preferential Allotment scam, where MNCs
allotted shares to themselves at below market prices,
investors lost roughly Rs 5,000 cr |
| 1992-1996 |
Vanishing Companies scam – 3,911
companies that raised over Rs 25,000 crore vanished or
didn't set up projects |
| 1995-96 |
Plantation Companies scam saw Rs 50,000
crore mopped up from gullible investors who believed
plantation schemes would yield huge returns |
| 1996-97 |
Non-Banking Finance Companies scam also
saw thousands of crore mopped up from the public while
promising huge returns |
| 1995-98 |
the Mutual Fund scam saw public sector
banks raise nearly Rs 15,000 crore by promising huge
fixed returns, and all of them flopped |
| 1998 |
BPL, Sterlite and Videocon price rigging
happens with Harshad Mehta |
| 1999-2000 |
IT scam saw firms change their names to
sound infotech, and saw their stocks runaway
overnight. |
| 2001 |
Ketan Parekh price rigging along with
bear cartel |
| |
|
