Indian Businessman Adani Facing Fraud Charges.

Today, it was announced that Gautam Adani is facing multiple federal fraud charges.  According to a report in The Washington Post, Adani is the second richest man in India and a close ally to Prime Minister Modi. Adani has many interests, from real estate to coal mines and solar farms. According to a report in the Washington Post, the charges that Adani faces surround an alleged $265 million bribe paid to the Indian government and then supposedly lying to investors about the bribe.  This is not the first time Adani has faced allegations of wrongdoing around potential stock manipulation.  If Adani is found guilty, it could have significant political ramifications in India.