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Billionaire Gautam Adani charged in New York with massive fraud
Adani and two other defendants, his nephew Sagar Adani and Vneet Jaain, who are executives of Adani Green Energy Limited, are accused of conspiring to commit wire fraud and securities fraud for their roles in obtaining funds from investors in the United States and international lenders “on the basis of false and misleading statements,” the U.S. Attorney’s Office in Brooklyn said.
Source - CNBC
Billionaire Gautam Adani charged in New York with massive fraud
Adani and two other defendants, his nephew Sagar Adani and Vneet Jaain, who are executives of Adani Green Energy Limited, are accused of conspiring to commit wire fraud and securities fraud for their roles in obtaining funds from investors in the United States and international lenders “on the basis of false and misleading statements,” the U.S. Attorney’s Office in Brooklyn said.
Source - CNBC