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Billionaire Gautam Adani charged in New York with massive fraud

  • Gautam Adani, his nephew Sagar Adani, and Vneet Jaain were charged with securities fraud and conspiring to commit wire fraud related to solar energy contracts.
  • They allegedly paid over $250 million in bribes to Indian officials to secure profitable contracts.
  • U.S. Prosecutors accuse them of deceiving investors who contributed billions to the project while seeking state energy supply contracts through corruption.
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  • 39% of the sources lean Left
39% Left
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