Who Is Bankim Brahmbhatt? The Indian-Origin CEO Caught In BlackRock’s Sights Over A Shocking $500 Million U.S. Fraud Scandal
Published on: Nov. 1, 2025, 12:42 a.m. | Source: NewsX
Bankim Brahmbhatt, founder of Bankai Group, faces U.S. fraud charges over a $500M loan scam. BlackRock’s HPS alleges his firms used fake invoices and forged contracts to secure funding, later diverting funds offshore before filing for bankruptcy.
