Ketan Parekh

Ketan Parekh is a former Indian stockbroker who became notorious for orchestrating a large financial scam in the early 2000s. He used manipulative trading practices to artificially inflate stock prices, creating a bubble, and then sold off his holdings at high prices to make huge profits. When the scheme unraveled, it caused significant losses for investors and shook the Indian stock market's stability. His actions highlighted the importance of regulation and oversight in financial markets to prevent fraud and protect investors.