Bankim Brahmbhatt, an Indian-origin telecom executive, is accused of orchestrating a $500-million loan fraud that allegedly deceived BlackRock’s private-credit arm, HPS Investment Partners. According ...

Indian-origin telecom executive Bankim Brahmbhatt has been accused of masterminding a loan scam that allegedly cost global investment firm BlackRock's private-credit arm and several other lenders over ...

An Indian-origin CEO has been accused of fraud by BlackRock and other lenders, who have since filed a lawsuit against him.

HPS has since written off its roughly $150 million exposure to zero, according to one of the people. The two main entities listed as defendants in the cases, Broadband Telecom and Bridgevoice, have ...

Bankim Brahmbhatt, owner of Broadband Telecom and Bridgevoice, is accused of a $500 million fraud impacting BlackRock and ...

US-based entrepreneur Bankim Brahmbhatt, CEO of Bankai Group, has been accused of orchestrating a “breathtaking” $500 million loan fraud that allegedly involved falsified accounts and fake receivables ...

Lenders including BlackRock’s HPS Investment Partners allege that Brahmbhatt’s firms used fake invoices and customer accounts to secure massive loans before abruptly cutting off communication.

An Indian-origin telecom executive and entrepreneur named Bankim Brahmbhatt is currently the central figure in a major financial controversy in the United States. He stands accused of masterminding a ...

Bankim Brahmbhatt, owner of Bankai Group and its telecom companies, is accused of orchestrating a $500M+ loan fraud. He ...

BlackRock's private credit arm, HPS Investment Partners, alleges a multi-million-dollar fraud by Bankim Brahmbhatt's telecom ...