Scam 1992 Real-Life Characters: Scam 1992 since its release has taken the country by storm. It is packed with powerful performances by Pratik Gandhi and Shreya Dhanwanthary, Scam 1992 rides high on the brilliant dialogues and sharp storyline as well as the crisp direction by Hansal Mehta.

As we all know by now Scam 1992 tells the true story of a stockbroker name Harshad Mehta who was also known as the “big bull” or the “Bachchan of BSE”. But we also know that there has been some fictionalized and dramatized version of the story used to entice the Indian audience who generally like this type of stuff.

And hence seeing the surge in knowing more about this topic we are here to tell you the differences between the reel and real story characters behind scam 1992.

Harshad & Ashwin Mehta

In the show, it was shown that Harshad Mehta only had one brother named Ashwin played by Hemant Kher. But in reality, he had three brothers named Ashwin, Sudhir, and Hitesh. In real life, Ashwin and Sudhir were named accomplices to Harshad Mehta behind the scam. Ashwin is currently practicing in Mumbai High Court as well as Supreme Court.

26 years on, Bombay high court acquits 10 accused in Harshad Mehta  securities scam - mumbai news - Hindustan Times

Sucheta Dalal

Played by Shreya Dhanwanthary. Sucheta Dalal is a famous journalist who has received Padma Shri from Dr. APJ Abdul Kalam. She has worked on unearthing several scams including the 2001 Ketan Parekh case. She has written several books on these scams along with her husband Debashis Basu.

Sucheta Dalal (Journalist) Age, Biography, Husband, Children, Family, Facts  & More » StarsUnfolded

Debashis Basu

Played by Faisal Rashid. Debashis has worked as a journalist for quite some time, he along with his wife wrote the infamous book The Scam, which serves as the core for the series.

Invest Smartly, a talk by Debashis Basu - YouTube
Invest Smartly, a talk by Debashis Basu – YouTube

Manubhai Maneklal – Named – Manu Mundra

Played by Satish Kaushik. BSE was popularly known as the Manubhai ki market in the 80s. One of the most influential personalities in the Share market known as the black cobra as well as the biggest bear, held the power to short sell the stocks.

The Three R

Remember the 3 men who used to work for Manu Mundra? They were known as “triple R’s” in the market. While two of them went on to become high profile personalities. The two were Rakesh Jhunjhunwala and Radhakrishan Damani. The other R was a chartist.

Rakesh Jhunjhunwala made over Rs 1,500 crore from this stock since March -

Citibank Cartel

In the show, the cartel was led by Ajay Kedia who was played by Shadab Khan and AS Thiagarajan. In reality, Thiagarajan was the treasury head for Citibank. Ajay Kedia has been inspired by Ajay Kayan who along with his father used to run a stockbroking firm from Kolkata.

S Venkataraman

Played by the famous Anant Mahadevan. Venkataraman was the 18th governor of RBI. He previously served as the finance secretary in the finance ministry. Initially, he was blamed for the scam as he was in charge but his innocence was given by the then Finance Minister Manmohan Singh publicly.

Manohar J Pherwani

He was the chairman of Unit Trust of India for almost a decade until 1989 when he became the chairman of the National Housing Bank. His death has been a debatable topic over the years as he was cremated with his face covered. It was told that he had committed suicide and all his body turned blue.

This was all about the Real-Life Characters from the Scam 1992 The Harshad Mehta story, what are your opinion about this? please let us know in the comment section, for more posts and updates like this on web series stay tuned with us.


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