India’s historic stock market surge sparked a retail-investing frenzy that minted millionaires. But the boom also became a breeding ground for financial scams.  

On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Alex Gabriel Simon about the retail investors that have been cheated out of their life savings, and how this influx of scams could undermine Prime Minister Narendra Modi’s efforts to promote his nation’s stock market to global money managers.

Read more: Scamsters Trick India's Retail Investors Out of Millions in Life Savings

Further listening: Inside Southeast Asia’s Most Notorious Crime Hub

Watch, from Originals: Is India's Stock Market a Bubble About to Burst?

India&rsquo;s historic stock market surge sparked a retail-investing frenzy that minted millionaires. But the boom also became a breeding ground for financial scams.&nbsp; On today&rsquo;s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg&rsquo;s Alex Gabriel Simon about the retail investors that have been cheated out of their life savings, and how this influx of scams could undermine Prime Minister Narendra Modi&rsquo;s efforts to promote his nation&rsquo;s stock market to global money managers.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-03-27/india-s-stock-market-mania-sparks-surge-in-financial-frauds-cybercrimes?srnd=undefined">Scamsters Trick India's Retail Investors Out of Millions in Life Savings </a>Further listening: <a href="https://podcasts.apple.com/us/podcast/inside-southeast-asias-most-notorious-crime-hub/id1746141911?i=1000665940390">Inside Southeast Asia&rsquo;s Most Notorious Crime Hub</a>
Watch, from Originals:&nbsp;<a href="https://www.bloomberg.com/news/videos/2025-03-27/is-india-s-stock-market-a-bubble-about-to-burst-video">Is India's Stock Market a Bubble About to Burst?</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

As India’s Stock Market Surged, So Did Investment Scams

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/559be13a-d3e3-4986-a268-b2b30149c387/transcript