Scam 1992 - The Harshad Mehta Story season 1 episode 10 Recap and FAQ

Episode Summary

Harshad Mehta, a prominent stockbroker, shakes India's financial world by implicating Prime Minister P.V. Nar

Full Episode S01E10 Recap

### The Harshad Mehta Scandal and Its Repercussions - **The Accusation Against the Prime Minister**: Harshad Mehta accuses P.V. Narasimha Rao, the Prime Minister of India, of being involved in the scam, redirecting the focus from himself to Rao. However, Harshad's inconsistency and inability to provide evidence weaken his claims. - **Fallout of the Accusations**: Harshad’s allegations initially shake the government, but eventually, they fizzle out due to lack of proof. Harshad, now banned from the stock market, watches the Sensex plummet, and public opinion turns against him. - **Desperate Moves and Contradictions**: Harshad tries to defend himself but ends up contradicting his statements. His credibility wanes, and he faces increased scrutiny and legal challenges. - **The Media and Harshad's Image**: Harshad engages with the media, attempting to salvage his reputation. He faces tough questions about his role in the market crash and his capability to resolve the crisis. - **Legal Battles and Family Strains**: Harshad and his family grapple with numerous legal cases and financial strains. The family dynamics are strained, highlighting the personal toll of Harshad's actions. - **The Rise of New Allegations**: Fresh allegations arise against Harshad, accusing him of further market manipulation and financial irregularities. These allegations involve complex schemes and multiple players, including Harshad's own family members. - **Harshad's Health and Final Days**: Harshad's health deteriorates amidst the ongoing stress and legal battles. Despite attempts to make a comeback, he faces relentless challenges from the authorities and his own inner circle. - **Harshad Mehta's Legacy**: The series concludes with a reflection on Harshad Mehta's impact on the financial system, the regulatory changes that followed, and the continued presence of financial scams despite reforms.

Frequently Asked Questions

Who was Harshad Mehta?

Harshad Mehta was a stockbroker and the central figure in a major financial scandal in India.

What was the accusation against P.V. Narasimha Rao?

Harshad Mehta accused P.V. Narasimha Rao, the Prime Minister of India, of involvement in the financial scam.

Did Harshad Mehta provide evidence against the Prime Minister?

No, Harshad Mehta could not provide concrete evidence to support his accusations against the Prime Minister.

How did the public perceive Harshad Mehta after the scam?

Public opinion turned against Harshad Mehta as he was seen as a liar responsible for the market crash.

Was Harshad Mehta banned from the stock market?

Yes, Harshad Mehta was banned from the stock market following the scandal.

Scam 1992 - The Harshad Mehta Story season 1 episode 10

Main History Banana Chahta hoon