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Real Life Characters On Which Scam 1992 Is Based On

scam 1992

In this article, we delve into the top five real-life figures that inspired the characters in the widely acclaimed web series, Scam 1992. The show, directed by Hansal Mehta, revolves around the 1992 Indian Stock Market Scam orchestrated by Harshad Mehta, a prominent stockbroker. With its gripping narrative, Scam 1992 has emerged as one of the most-watched programs on an OTT platform, sparking widespread discussions about the notorious stock market scandal.

1) Harshad Mehta

Harshad Mehta, the audacious Indian stockbroker, takes center stage in the series. Accused of various financial offenses during the 1992 securities scams, Pratik Gandhi portrays Mehta with a captivating blend of charisma and a high-risk mindset. Interestingly, The Big Bull's journey, as portrayed in the series, begins with a mere 40 rupees and a series of odd jobs, reflecting the challenges he faced on his path to success.

Harshad Mehta

2) Sucheta Dalal

Sucheta Dalal, a seasoned Indian business journalist and author, co-wrote the book that inspired the series. Shreya Dhanwanthary convincingly portrays Dalal, who played a pivotal role in exposing the scam through her investigative reporting for the Times of India in 1992. Dalal's journalistic achievements extend beyond the Harshad Mehta scandal, encompassing cases like the Enron Scam, Industrial Development Bank of India trick, and the Ketan Parekh scam in 2001.

3) Ashwin Mehta

Hemant Kher brings to life Ashwin Mehta, Harshad's brother and right-hand man in the stockbroker's firm. Described as a reserved and meticulous character with a legal background, Ashwin plays a crucial role in Harshad's illicit activities. The siblings faced legal consequences, with the CBI arresting them for exploiting over 90 companies.

4) Jyoti Mehta

Anjali Barot portrays Jyoti Mehta, Harshad Mehta's wife. In a real-life legal battle, Jyoti sued a Mumbai-based doctor in 2014 who owed 6 crores to Harshad since 1992. Her resilience paid off in 2019 when she won the case and was awarded the full amount along with interest. In a motivational conversation with her husband in the series, she asserts, "Risk hai toh ishq hai."

5) Debashish Basu

Faisal Rashid portrays Debashish Basu, the husband of Sucheta Dalal and co-author of the book that inspired the series. In Scam 1992, he is depicted as a journalist investigating the Harshad Mehta Scam. Presently, he owns MoneyLife, a fortnightly magazine focusing on investments.

Scam 1992 not only sheds light on the intricacies of the 1992 Indian Stock Market Scam but also brings to life the real individuals behind the scandal, making it a compelling and thought-provoking watch for audiences.