Canonical · Fraud & Short Cases · Report
Adani Group: How the World's 3rd Richest Man Is Pulling the Largest Con
Hindenburg Research · 2023
"The Adani Group engaged in brazen stock manipulation and accounting fraud over decades."
In 2023, Hindenburg Research published a devastating report on India's Adani Group, accusing the massive infrastructure conglomerate of a decades-long stock manipulation and accounting fraud scheme. The report erased over $100 billion from Adani's market cap in weeks.
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