Billionaire Gautam Adani charged in New York with massive fraud

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Billionaire Gautam Adani charged in New York with massive ******

Chairperson of Indian conglomerate Adani Group, Gautam Adani addresses a gathering during the inaugural session of Vibrant Gujarat Global Summit 2024 in Gandhinagar on January 10, 2024.

Punit Paranjpe | AFP | Getty Images

Gautam Adani, the chair of India’s Adani Group conglometerate and one of the world’s richest people, has been indicted in New York federal court with other defendants in connection with an alleged multi-billion-dollar ****** scheme, authorities said Wednesday.

Adani and two other defendants, Sagar Adani and Vneet Jaain, who are executives of Adani Green Energy Limited, are accused of conspiring to commit wire ****** and securities ****** for their roles in obtaining funds from investors in the ******* States and international lenders “on the basis of false and misleading statements,” the U.S. Attorney’s Office in Brooklyn said.

“The defendants orchestrated an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars and Gautam S. Adani, Sagar R. Adani and Vneet S. Jaain lied about the bribery scheme as they sought to raise capital from U.S. and international investors,” said U.S. Attorney Breon Peace.

This is breaking news. Please refresh for updates.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Billionaire #Gautam #Adani #charged #York #massive #******

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up