Professional Documents
Culture Documents
MEHT
A
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PRESENTATI
ON
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Bank
receipts
serve
three
functions
1) Confirms the sale of securities
2) States that the securities are
held by the seller in trust for the
buyer
3) Acts as a receipt for the
received money by the selling
bank
Bank Receipts
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READY FORWARD
LOOPHOLE
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TAKE FRAUD TO
NEXT LEVEL
MEHTA
BANK
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FAKE
BR
PROFIT
KEPT
BR
RETIRE
D
SOLD
FOR
PROFIT
MONEY
SHARE
S
BOUGH
T
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Issue fake BR
Borrower bank
Broker
Lender bank
Harshad Mehta
Funds
10
STAGE2
STAGE3
STAGE4
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STAGE1
11
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13
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14
CURRENTLY
IT IS AT NO.6
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FACTS OF SCAM
15
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16
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17
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CONCLUSION
18
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19
20
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