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.
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