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 ...

BlackRock and several other banks filed a lawsuit, claiming that Brahmbhatt’s companies owed over $500 million.

The asset management giant BlackRock says it has lost hundreds of millions of dollars to two little-known telecom companies that allegedly falsified collateral to obtain massive loans.

A US based telecom businessman of Indian origin, Bankim Brahmbhatt, has been accused of carrying out a USD 500 million loan fraud linked to HPS Investment Partners, a lender backed by BlackRock.

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According to the report, BlackRock, the world's largest asset manager, bought credit giant HPS earlier this year as part of ...

Lenders are increasing due diligence and demanding access to more data.

An entrepreneur tapped private-credit funds to finance his telecom businesses. Now the lenders say he defrauded them.

BlackRock's private-credit investing arm and several major lenders are scrambling to recover more than $500 million lost in a ...

A US-based telecom entrepreneur of Indian origin, Bankim Brahmbhatt, has been accused of orchestrating a USD 500 million loan ...

After Jeffrey Epstein’s 2019 death, the bank reported more than $1 billion in potentially suspicious transactions.

The fast-approaching SNAP benefit freeze could leave millions of Americans vulnerable to scammers, officials and experts are ...