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, a US-based telecom entrepreneur of Indian origin, has been accused of orchestrating a large-scale loan fraud worth more than USD 500 million, according to a report by The Wall ...

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

Bankim Brahmbhatt, a telecom and fintech entrepreneur of Indian origin based in the US, faces serious allegations involving a ...

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 ...

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 ...

Once celebrated as a self-made entrepreneur, he now stands accused of orchestrating one of the most audacious financial frauds in recent years.

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 ...

Bankim Brahmbhatt, CEO of Broadband Telecom and Bridgevoice, faces accusations of a massive loan fraud. He allegedly created fake customer accounts to secure over $500 million from lenders like HPS ...

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

Bankim Brahmbhatt, the owner of US-based Broadband Telecom and Bridgevoice, has been accused of fabricating accounts ...

Bankim Brahmbhatt, the president and CEO of the New York-based Bankai Group, is at the center of a massive loan fraud scandal ...