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News Wire / economy

Adani, Nephew Settle US Civil Fraud Lawsuit

developing 1010 WINS NYC New York 25d25d Impact 5
Gautam Adani's nephew, Sagar Adani, will pay $18 million to settle a civil fraud case in the United States. The settlement was reported by Agani Group. The nephew of Indian industrialist Gautam Adani has agreed to pay $18 million to settle fraud charges in the United States. The settlement resolves allegations related to market manipulation. Securities and Exchange Commission was involved in the settlement.

Topics

fraud settlement corporate law

Developing

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Sources · 7 independent

1010 WINS NYC

“The owner of a health care company has been convicted in federal court of a massive fraud scheme to build Medicare for fraudulent treatments and prosthetics.”

ABC NewsRadio AU

“Adani and his nephew Sagar have agreed to pay $18 million to settle a civil fraud lawsuit brought in the United States. The U.S. Securities and”

BBC WS backup

“the pump. The Indian billionaire Gautam Adani and his nephew Sagar have”

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