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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?

See omnystudio.com/listener for privacy information.

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

Big Take Asia

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