• Gautam Adani, the world’s third-richest man, has been accused of pulling of the “largest con in corporate history” through the Indian-based Adani Group corporation.
• U.S. investor Hindenburg Research, which has begun short selling the conglomerate through bonds, conducted a two-year probe into Adani, who is worth $125 billion.
• The firm alleges that Adani and his family controlled a web of offshore shell accounts that it used to carry out corruption, money laundering and taxpayer theft, all while siphoning money from the companies they owned.

Tagged: World News