India, June 4 -- Who is he? Mehta, once seen as the quiet architect behind India's global gold success, built Rajesh Exports from a Rs.1,200 borrowed start into a multinational refining giant. What started as smaller silver trading in the 1980s, slowly morphed into a wider value-chain gold empire, with global reach pushed along by the Swiss acquisition of Valcambi. For years, he was treated as a low-key, execution-driven billionaire with a keen mind for arbitrage and scale. But now his name is right at the middle of intense scrutiny, after SEBI flagged major financial irregularities. The contrast feels almost unreal: from a celebrated wealth creator to one of the most closely observed corporate cases in recent memory.

The Rise Of Rajesh ...