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Friday, January 16, 2026

Tag: Bankai Group

Indian CEO Accused of $500M BlackRock Fraud: What Happened

Bankim Brahmbhatt allegedly orchestrated massive loan fraud using fake invoices, exposing vulnerabilities in private credit markets and leaving lenders scrambling.

Indian-Origin CEO Bankim Brahmbhatt Accused in $500M BlackRock Fraud

Bankim Brahmbhatt allegedly orchestrated a $500 million fraud scheme targeting BlackRock's private credit arm and BNP Paribas using fake invoices and offshore accounts.