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Gautam Adani Reaches Settlement in US Fraud Case

Indian billionaire Gautam Adani and his nephew have agreed to pay millions to settle civil fraud allegations with the US Securities and Exchange Commission. This development comes as US authorities are reportedly moving to resolve other fraud and bribery cases against him.

14 May, 15:55 — 15 May, 06:41
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The Story

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Source Diversity

Source Diversity

Excellent (92/100)
12 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L1
Far Left (1)
The Independent
Left4
Left (4)
BBCindex-hrcnbcDW
Center4
Center (4)
FTDaily Star BDexpress-tribuneforbes
Right3
Right (3)
channel-news-asiastraits-timeshindustan-times
Far R
Geographic diversity8 regions34/34
UK3US2Singapore2Croatia1Germany1India1Bangladesh1Pakistan1

Sources

Showing 10 of 12 sources
BBCHigh40d ago

India's Adanis agree to pay $18m to settle civil fraud case in the US

The US securities regulator had accused the Adanis of paying bribes and misleading investors, which they denied.

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FTVery High41d ago

US authorities prepare to end Adani fraud cases

Indian tycoon had lobbied Trump administration and pledged billions of dollars of investment in America

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cnbcMostly Factual41d ago

Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.

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DWHigh41d ago

SEC settles lawsuit against Indian billionaire Adani

The US government will settle a lawsuit filed against Gautam Adani, one of the world's richest people, for hiding an alleged bribery scheme. It's just one of the cases Adani faces in US courts.

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The IndependentMostly Factual41d ago

US agrees to settle lawsuit that accused an Indian billionaire of hiding an alleged bribery scheme

The U.S. government has agreed to settle a lawsuit against Indian billionaire Gautam Adani

By Via AP news wire

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forbes41d ago

Billionaire Adani—Who Heaped Praise On Trump—May Have Criminal Charges Dropped With DOJ - Forbes

Billionaire Adani—Who Heaped Praise On Trump—May Have Criminal Charges Dropped With DOJ  Forbes

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straits-timesMostly Factual41d ago

Gautam Adani agrees to pay $7.7 million to settle SEC fraud case - The Straits Times

Gautam Adani agrees to pay $7.7 million to settle SEC fraud case  The Straits Times

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hindustan-timesMostly Factual41d ago

US planning to drop charges against Gautam Adani over 'willingness' to invest, create jobs: Report

Adani’s hiring of Robert Giuffra, one of Trump’s personal lawyers, and an offer to invest $10 billion in the US economy played a key role, said NYT.

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channel-news-asiaMostly Factual41d ago

US prosecutors to drop bribery charges against Indian billionaire Gautam Adani: Report

The move to abandon the charges, brought under US president Joe Biden's administration, came after Adani hired new lawyers led by Robert Giuffra, one of President Donald Trump's personal lawyers, The New York Times reported Thursday (May 14).

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Daily Star BDMixed41d ago

US authorities move to resolve fraud cases against India's Adani, Bloomberg News reports - The Daily Star

US authorities move to resolve fraud cases against India's Adani, Bloomberg News reports  The Daily Star

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