loan scam
Indian-Origin Telecom CEO Bankim Brahmbhatt Faces $500 Million Fraud Allegations in BlackRock Loan Scheme
Nov 01, 2025 04:49 pm CST
Bankim Brahmbhatt, CEO of Bankai Group, stands accused of orchestrating a $500 million loan fraud scheme targeting BlackRock's private-credit arm and other lenders. The lawsuit alleges fabricated invoices and offshore transfers to India and Mauritius, while Brahmbhatt's companies have filed for bankruptcy. His lawyer denies all allegations.
Mumbai Woman, 3 Aides Charged For Cheating Husband Of Rs 1.73 Crore
Sep 15, 2025 10:44 pm CST
A woman allegedly cheated her husband of Rs 1.73 crore with the help of her three aides, on the pretext of getting him a loan and threatening to file a false police case against him in the eastern suburbs here, an official said on Monday.