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Securities Fraud India

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December 5, 1992 | BOB DROGIN, TIMES STAFF WRITER
Here in India's bustling financial capital--where new stocks are advertised on billboards and buses, and the latest securities applications are sold from parked cars and street kiosks--Harshad Mehta had no equal. The brash young broker lived like a modern maharajah, with 29 cars and a 7,000-square-foot white-marble apartment overlooking the Arabian Sea. His pudgy, boyish face grinned from magazine covers and TV sets.
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NEWS
December 5, 1992 | BOB DROGIN, TIMES STAFF WRITER
Here in India's bustling financial capital--where new stocks are advertised on billboards and buses, and the latest securities applications are sold from parked cars and street kiosks--Harshad Mehta had no equal. The brash young broker lived like a modern maharajah, with 29 cars and a 7,000-square-foot white-marble apartment overlooking the Arabian Sea. His pudgy, boyish face grinned from magazine covers and TV sets.
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