Indian-Origin CEO Stings BlackRock With "Breathtaking" $500-Million Fraud

BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.

Nov 1, 2025 - 05:30
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Indian-Origin CEO Stings BlackRock With "Breathtaking" $500-Million Fraud
BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a loan fraud allegedly orchestrated by Indian-origin telecom executive Bankim Brahmbhatt.

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