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About: Ketan Parekh     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Whole100003553, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: personyago:WikicatLivingPeopleyago:Businessperson109882716yago:Capitalist109609232yago:CausalAgent100007347yago:LivingThing100004258yago:Merchant110309896yago:Object100002684yago:Organism100004475yago:Person100007846yago:PhysicalEntity100001930yago:WikicatIndianStockTradersyago:YagoLegalActoryago:YagoLegalActorGeoyago:StockTrader110657835yago:Trader110720453yago:Whole100003553 New Facet based on Instances of this Class

Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. During this period, Parekh artificially rigged prices of certain chosen securities (informally referred to as K-10 stocks), using large sums of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank, of which he himself was a director.