U.S. Set to Drop Charges Against Indian Billionaire Accused of Fraud; The New York Times, May 14, 2026

Nicole HongBen ProtessWilliam K. Rashbaum and Devlin Barrett, The New York Times ; U.S. Set to Drop Charges Against Indian Billionaire Accused of Fraud

"When the Justice Department indicted India’s richest man in the final weeks of the Biden administration, prosecutors described an “elaborate” bribery scheme involving “corruption and fraud at the expense of U.S. investors.”...

Another slide also offered the government a sweetener: If prosecutors dropped the charges, Mr. Adani would be willing to invest $10 billion in the American economy and create 15,000 jobs, echoing a pledge he made in the wake of Mr. Trump’s election.

While prosecutors later told Mr. Giuffra that the $10 billion investment would play no role in the resolution of the case, his offer received a favorable response from at least one senior Justice Department official at the meeting, according to the people familiar with the meeting."

A Silicon Valley Dream Collapses in Allegations of Fraud; New York Times, 8/31/16

Katie Benner, New York Times; A Silicon Valley Dream Collapses in Allegations of Fraud:

"Along with the start-up, Mr. Choi’s personal credibility is on the line. As he built WrkRiot, the entrepreneur said that he graduated from the Stern School of Business at New York University and that he worked at J. P. Morgan for nearly four years as an analyst. N.Y.U. and J. P. Morgan both said they had no record of Mr. Choi. At least one company listed on his LinkedIn profile also could not be found.

Mr. Choi, whose LinkedIn profile has since been wiped clean, did not respond to questions about his résumé. His lawyer, Bernard Fishman, said he was not aware of the allegations against WrkRiot until contacted by The New York Times."