
US Drops Fraud and Bribery Charges Against Indian Billionaire Gautam Adani
US federal prosecutors have officially dropped all criminal fraud and bribery charges against Indian billionaire businessman Gautam Adani. The decision effectively closes the case against the magnate, who had been under investigation.
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Federal Prosecutors Move to Drop Bribery Case Against Indian Magnate
Gautam Adani had been accused of lying to American investors about payoffs in India. The end of the case came as President Trump has signaled a transactional approach to justice.
By Santul Nerkar and Alex Travelli
Read full article →US drops fraud charges after billionaire Adani pledges $10bn investment
Adani was accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India.
Read full article →US prosecutors drop fraud charges against billionaire Indian businessman Gautaum Adani
US prosecutors asked a judge on Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautaum Adani, who had been accused of duping investors in a major solar project in India. Adani, one of the world’s richest people, was accused in 2024 of paying massive bribes to ensure the project’s success. He was charged with conspiracy, securities fraud and wire fraud charges in connection with a lucrative arrangement for Adani Green Energy and another firm to sell 12...
By Associated Press
Read full article →US Drops All Charges Against Gautam Adani, Case Closed Permanently
With this, multiple US regulatory and legal investigations involving the group have all closed in the last couple of days.
Read full article →US ends civil, criminal cases against Adani
Indian billionaire gets reprieve after promising $10b investment
By Reuters
Read full article →Four Nigerians held in India over social media fraud, impersonation
Four Nigerian nationals were arrested in India for alleged social media fraud, using impersonation and elaborate scams to defraud victims of large sums of Read More: https://punchng.com/four-nigerians-held-in-india-over-social-media-fraud-impersonation/
By Punch Newspapers
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