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India’s Richest Man Accused of Pulling the ‘Largest Con in Corporate History’

Por: Time World January 25, 2023

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Billionaire Gautam Adani has slipped from being the world’s third richest man to the fourth, after an activist investment firm released a Tuesday accusing his company, Adani Group, of “brazen” stock manipulation and accounting fraud worth $218 billion, from his personal net worth. Hindenburg Research, which in the past has shorted—or bet against—companies like electric truck maker Nikola Corp and Twitter, said it holds short positions... + full article



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