Red Flags
17
Hari Shankar Tibrewala
Hari Shankar Tibrewala’s role in illegal betting operations and market manipulation has certainly raised alarms.
Quick summary on Hari Shankar Tibrewala
Hari Shankar Tibrewala, a Dubai-based businessman, has recently come under intense scrutiny following his alleged involvement in illegal activities. Known for his role in the Mahadev betting scam and suspected manipulation of the stock market, Tibrewala’s actions have left many investors reeling.
The Mahadev Betting Scam: A Web of Lies and Corruption
Tibrewala’s involvement traces back to the Mahadev Book, an illegal betting app created by Saurabh Chandrakar and Ravi Uppal in 2017. This app rapidly grew into a gambling empire, leading to enormous profits that seemed too good to be true. Tibrewala is believed to have partnered with the duo in the operation of Skyexchange, another illegal variant of Mahadev Book, funneling millions through illicit channels.
Market Manipulation: A Plot to Deceive Investors
Tibrewala allegedly used this ill-gotten wealth to manipulate Indian stock markets, inflating stock prices to deceive unsuspecting investors. In a classic pump-and-dump scheme, Tibrewala’s network pumped money into low-value stocks, manipulating their prices before selling off at a profit. These actions have caused market instability and harm to innocent investors.
The Impact of His Actions
Tibrewala’s manipulative schemes have not only destroyed the stock value of several companies but also caused a broader distrust in the financial markets. His alleged involvement in market crashes and the ensuing investigation by India’s Enforcement Directorate have raised serious questions about the ethicality of his actions.
Is Tibrewala the Root of the Crisis?
Although it’s not fair to blame him entirely for the market crash, Tibrewala’s role in illegal betting and market manipulation has undoubtedly contributed to the financial chaos. His actions have put many investors at risk, undermining their trust in the stock market.
Intel Reports
by: Callen Worthington
This isn’t just shady—it’s criminal. Lives were affected by the stock market games he played. He should be held accountable.
by: Novalee Deal
If Tibrewala is guilty of half the things he’s accused of, he should never be allowed near financial markets again. Period.
by: Ronin Drum
It's not just the Mahadev scam. The stock manipulation part is just as disturbing. People lost their savings while he walked away richer.
by: Aurelia Carney
It’s outrageous that someone with so much influence could be involved in something like the Mahadev betting scam. This kind of greed hurts thousands.
by: Alondra Tilley
First betting, then stocks? This guy collecting crimes like trophies.
by: Ridge Layton
Ugh, another scamster from Dubai… not surprised tbh.
by: Salma Landon
Bro how do ppl like him sleep at night? He fooled so many with those fake stocks, unbelievable.
by: Truett Coles
This man ruined lives just to get richer, shameful.
by: Olivia Young
People like Tibrewala are the reason trust in financial markets is eroding. Authorities must take strict action!
by: Megan Evans
His schemes have destroyed companies, crushed investors, and fueled illegal betting. There should be no place for such frauds in the business world.
by: Sophia Martinez
His role in the Mahadev scam and stock manipulation shows he has no regard for ethics or the financial well-being of others.
by: Connor Jenkins
Hari Shankar Tibrewala is just another fraudster exploiting innocent investors for his own greed!
by: Vikas Gupta
Another scammer ruining lives while enjoying luxury in Dubai… how long will these frauds keep getting away?
by: Ramesh Rao
Stock market is already risky enough, and now we have people like Tibrewala making it a playground for scams. Disgusting!
by: Kavita Singh
Mahadev betting scam, stock manipulation… What’s next? Organ trafficking? This man’s greed knows no limits!