Who is Bankim Brahmbhatt, Indian-origin CEO of telecom company accused of duping BlackRock of millions of dollars
Indian-origin entrepreneur Bankim Brahmbhatt is accused of a massive fraud, allegedly duping BlackRock and other lenders out of over $500 million. Brahmbhatt, CEO of telecom firms, is said to have created fake invoices and customers to secure loans backed by non-existent collateral. His companies and he personally filed for bankruptcy in August.
Indian-origin entrepreneur Bankim Brahmbhatt is accused of a massive fraud, allegedly duping BlackRock and other lenders out of over $500 million. Brahmbhatt, CEO of telecom firms, is said to have created fake invoices and customers to secure loans backed by non-existent collateral. His companies and he personally filed for bankruptcy in August.
