Gautam Adani was been indicted in New York federal court with other defendants in connection with an alleged multi-billion-dollar fraud scheme. The billionaire…
Gautam Adani was been indicted in New York federal court with other defendants in connection with an alleged multi-billion-dollar fraud scheme.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 fraud scheme, authorities said Wednesday.
"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.Sign up for NBC San Diego's News Headlines newsletter.
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