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Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

  • Gautam Adani has been indicted in the U.S. For securities fraud and wire fraud related to a solar energy project in India.
  • He allegedly concealed a bribery scheme involving over $250 million paid to Indian officials to secure contracts.
  • Adani faces charges alongside seven executives, including his nephew, who promised bribes to government officials to secure lucrative contracts.
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Forbes broke the news in United States on Wednesday, November 20, 2024.
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