US authorities are reportedly nearing a resolution to fraud matters involving Asia’s richest person Gautam Adani. The US Justice Department could announce as early as this week that it is dropping criminal fraud charges that have hovered over Adani for more than a year, sources said. Separately, the Securities and Exchange Commission is working to settle a parallel civil fraud case filed in November 2024, likely involving a monetary penalty. Ending both cases could clear the way for Adani’s return to international capital markets and faster expansion.
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