The mechanics of the scam relied on the misuse of Ready Forward (RF) deals and Bank Receipts (BRs). In a pre-computerized era, Mehta exploited the lack of transparency between banks to secure short-term loans against non-existent government securities. By forging bank receipts, he funneled massive liquidity into the Bombay Stock Exchange, artificially inflating stock prices to unprecedented heights. This "replacement theory" created a speculative bubble that eventually burst when the illegal diversion of funds was uncovered by journalist Sucheta Dalal.
The codes "s1" and "s3" in the keyword may refer to specific types of malware or tracking systems used by scammers. In some cases, these codes are used to identify specific campaigns or to track the activity of victims.