<description>&lt;p&gt;SEBI has accused Rajesh Exports and its promoter Rajesh Mehta of one of India's most brazen alleged financial frauds &amp;mdash; inflating revenues by fifteen lakh crore, claiming ownership of African gold mines that don't exist, and siphoning funds through a web of overseas entities while auditors looked the other way. On this episode of The Morning Brief, Anirban Chowdhury, N Sundaresha Subramanian, and JN Gupta of Stakeholders Empowerment Services break down how the alleged scheme worked, what investors actually stand to lose, and whether a company that has already shed eighty percent of its market cap has any reason left to come clean.&lt;br&gt;&lt;br&gt;&lt;/p&gt; &lt;p&gt;You can follow Anirban Chowdhury on his social media:&lt;a href="https://twitter.com/AnirbanET"&gt; X&lt;/a&gt; and&lt;a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/"&gt; Linkedin&lt;br&gt;&lt;br&gt;&lt;/a&gt;Check out other interesting episodes like:&lt;a href="https://podcasts.apple.com/in/podcast/et-deep-dive-swipe-left-on-reality/id1568661777?i=1000763614435&amp;amp;l=te"&gt;ET Deep Dive: Swipe Left on Reality&lt;/a&gt;,&lt;a href="https://podcasts.apple.com/in/podcast/india-wants-manufacturing-at-25-of-gdp-will-ai-in/id1568661777?i=1000760758322"&gt;India wants manufacturing at 25% of GDP &amp;mdash; will AI in factories help?&lt;/a&gt;, &lt;a href="https://podcasts.apple.com/us/podcast/tanay-kothari-wants-to-kill-the-keyboard/id1568661777?i=1000758892178"&gt;Tanay Kothari Wants To Kill The Keyboard&lt;/a&gt;,&lt;a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000738205536"&gt; &lt;/a&gt;&lt;a href="https://podcasts.apple.com/in/podcast/from-doer-to-director-the-linkedin-playbook-for-the-ai-age/id1568661777?i=1000756242616"&gt;From Doer to Director: The LinkedIn Playbook for the AI Agea&lt;/a&gt;, &lt;a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000756051799"&gt;Semaglutide Goes Generic: Big Pharma&amp;rsquo;s Moat Breaks&lt;/a&gt;&amp;nbsp; and&lt;a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777"&gt; much more&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;&lt;br&gt;Catch the latest episode of &amp;lsquo;The Morning Brief&amp;rsquo; on&lt;a href="https://economictimes.indiatimes.com/podcast?from=mdr"&gt; The Economic Times Online&lt;/a&gt;,&lt;a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"&gt; Spotify&lt;/a&gt;,&lt;a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777"&gt; Apple Podcasts&lt;/a&gt;,&lt;a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_"&gt; JioSaavn&lt;/a&gt;,&lt;a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief"&gt; Amazon Music&lt;/a&gt; and&lt;a href="https://www.youtube.com/@theetpodcasts"&gt; Youtube&lt;/a&gt;.&lt;br&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

The Morning Brief

The Economic Times

The Gold That Wasn't There: Inside SEBI's Case Against Rajesh Exports

JUN 9, 202617 MIN
The Morning Brief

The Gold That Wasn't There: Inside SEBI's Case Against Rajesh Exports

JUN 9, 202617 MIN

Description

SEBI has accused Rajesh Exports and its promoter Rajesh Mehta of one of India's most brazen alleged financial frauds — inflating revenues by fifteen lakh crore, claiming ownership of African gold mines that don't exist, and siphoning funds through a web of overseas entities while auditors looked the other way. On this episode of The Morning Brief, Anirban Chowdhury, N Sundaresha Subramanian, and JN Gupta of Stakeholders Empowerment Services break down how the alleged scheme worked, what investors actually stand to lose, and whether a company that has already shed eighty percent of its market cap has any reason left to come clean. You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks  and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.