Annual government reports from the National Crime Bureau reveal that over 50 lakh crimes are committed in India every year, according to the National Crime Bureau. With a population of over 130 million people and a society beset by economic and social problems, a slew of crimes are reported in the country on a daily basis. Some crimes, on the other hand, stand out for the sheer amount of intelligence and brainpower that went into them. Several crimes in India have raised eyebrows, ranging from exploiting systemic flaws to devising novel methods of evading law enforcement authorities. A list of the five most intelligent crimes committed in India is presented to you: Harshad Mehta’s Securities Scam of 1991 was the first of its kind. In India, a stockbroker known as Harshad Mehta, also known as the ‘Big Bull’ on the Bombay Stock Exchange, cleverly extracted large sums of money from the banking system by taking advantage of their loopholes and investing the resulting wealth in the stock market, earning him the nickname. He engaged in massive stock manipulation, in which he not only drained capital from the banking system but also increased demand for certain stocks, which he then sold at a much higher profit, enabling him to amass millions of dollars. Mehta was successful in manipulating share prices through this system to the point where shares of companies such as ACC, one of India’s largest cement producers, increased from Rs 200 per share to Rs 9000 per share in a matter of three months. Sucheta Dalal, a Times of India columnist who was later awarded the Padma Shri, was the person who brought the scam to light. When this scam was exposed, the stock markets went into freefall. This scam had swindled at least Rs 40 billion from the Indian banking system, making it not only one of the most intelligent crimes committed in India but also one of the most expensive crimes committed anywhere in the world. Harshad Mehta was arrested in December 2001 and died in Thane prison as a result of a heart condition. He had a total of 28 cases filed against him at the time of his arrest. Unknown Indian hacker (the perpetrator of the world’s largest cybercrime) In 2008, an unknown Indian hacker was arrested and charged with the largest cybercrime in history. The man was accused of aiding a criminal gang in hacking into the identities of an estimated eight million people in a hacking raid that could have resulted in a net worth of more than £2.8 billion in illegal funds. Using an underground network operated by the Russian mafia, he was able to breach the IT defenses of the Best Western Hotel group’s online booking system in the United Kingdom and sell the information on how to get into the system. Data exposed in the breach included a variety of private information, including home addresses and telephone numbers, as well as credit card information and employment information. The Sunday Herald newspaper in Scotland discovered the flaw … More
Category: criminal law
WHITE COLLAR CRIMES DEFENSE
ABSTRACT The notion that organizations play an important role in the social organization of illegality is developed and offered as … More
WHAT IS GRIEVOUS HURT ?
The Indian Penal Code, 1860 provides for the offence of hurt in the Chapter XVI. On the basis of seriousness, … More
BIOGRAPHY OF CHIEF JUSTICE RAGHUNANDAN SWARUP PATHAK
Raghunandan Swarup Pathak renowned as a meticulous Judge, he inspired Loyalty in those who work for and alongside him. The … More
INTOXICATION AS A DEFENCE UNDER INDIAN PENAL CODE,1860
Introduction Intoxication is a state of mind in which a person’s becomes mentally and physically disable due to the consumption … More
WHAT IS HURT?
The word “hurt” generally means causing of pain or damage or injury by one person to another person. The word … More
BIOGRAPHY OF CHIEF JUSTICE P.N. BHAGWATI
Judges should be of stern, stuff and tough fire , unbending before power, economic or political, and they must uphold … More
Difference between Bailable and Non-Bailable offences
Introduction The word ‘Offence’ is defined in section 40 of the Indian Penal Code 1860 and Section 2(n) of the … More
RIGHT TO DIE WITH DIGNITY – CONSTITUTIONAL VALIDITY, ANALYSIS
Right to life means the right to lead meaningful, complete and dignified life. Right to life is a natural basic … More
Res Judicata
Introduction Res means “subject matter” and judicata means “adjudged” or decided and together it means “a matter adjudged”. In general … More
Prevention of Sexual Harassment Act 2013
What amounts to Sexual Harassment? “Sexual Harassment” includes anybody or more of the subsequent unwelcome acts or behavior (whether directly or by implication) namely:— … More
Combination of Section 323 read with 506 of the IPC 1860
Introduction Indian Penal code is an integral and comprehensive code of criminal law which deals with every offense one can … More
Marital Rape
ABSTRACT Humanity stands on two pillars, men and women, they should have equal importance and role in … More
What is Hurt
Introduction At the moment, a significant portion of criminal cases in India, more precisely in the Courts of Judicial Magistrate, … More
What is Grevious Hurt
Introduction According to the Oxford lexicon, the word “Grievous Hurt” refers to any damage that puts an individual’s life in … More
CRIMINAL PROCEDURE (IDENTIFICATION) BILL, 2022
INTRODUCTION The parliament recently passed THE CRIMINAL PROCEDURE (IDENTIFICATION) BILL 2022. The bill has drawn public discussions on the right … More
A study on conditional release from prison and psychopathic tendencies.
Should the criminal be granted a conditional release based on his psychological makeup? Introduction “Psychopathy is a socially devastating personality … More
UNLAWFUL ACTIVITIES PREVENTION ACT (UAPA)
The Unlawful Activities Prevention Act (UAPA) was passed in the year 1967 under the Prime Minister of India Indira Gandhi … More
Grevious Hurt by Throwing Acid (326A of IPC)
Acid Attack is the attack of throwing acid on the body. It is a assault which is done in the … More
AN OVER VIEW OF NON-STANDARD FIREARMS VS. STANDARD FIREARMS
This presentation is a study of Non-Standard Firearms with respect to Standard Firearms commonly used in crime and Forensic Significances. … More