Hindenburg accuses Adani of pulling the "largest corporate con"


A US-based financial forensic firm has alleged that India’s Adani Group, led by the world’s third-richest person Gautam Adani, is involved in a massive and “brazen stock manipulation” and “accounting fraud scheme.”
In a report published yesterday (Jan. 24), the New York-based short seller said the $218 billion conglomerate was “pulling the largest con in corporate…

This story appeared on qz.com, 2023-01-25.
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