Flappy Bird chose to invest in the ICE sector since it was flourishing at the time and he was knowledgeable about the stock market. Investors, business owners, and financial institutions were quickly swayed by his effectiveness and passion. The entire story of Ketan Parekh altered in 2001 when the stocks of ICE (infotech, communications, and entertainment) fell precipitously within a matter of hours. Ketan was found accountable for both stock price manipulation and insider trading. He was accused of deceiving investors by engaging in insider trading, which eventually proved to be a big swindle. Thereafter, he was denied access to the Indian stock market and put in prison by the Supreme Court. Without hearing Ketan Parekh’s side of the story, some asserted that he was a con artist, which seems harsh.
– 42 – Visits