Published

Billionaire Gautam Adani charged in New York with massive fraud

  • Gautam Adani, an Indian billionaire, was charged in New York with securities fraud and conspiracy to commit fraud related to a solar energy project.
  • He allegedly concealed a bribery scheme involving over $250 million paid to Indian officials to secure contracts worth $2 billion.
  • This indictment follows a report by Hindenburg Research, which accused Adani of large-scale fraud and stock manipulation.
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