Federal officials have opened a criminal investigation into Bankim Brahmbhatt, who was sued by HPS and other lenders earlier ...

U.S. prosecutors started a probe into a group of telecom companies after BlackRock's (BLK) private credit unit HPS Investment ...

The Department of Justice is examining entities linked to Bankim Brahmbhatt, a low-profile executive behind a clutch of ...

Federal prosecutors investigate companies tied to Bankim Brahmbhatt after alleged fake receivables back loans.

Federal prosecutors are looking into a group of telecommunications companies that were accused of fraud in a lawsuit by their ...

Federal authorities are investigating the telecommunications executive facing fraud allegations from BlackRock’s HPS ...

According to filings and investigative findings cited in The Wall Street Journal, lenders allege Brahmbhatt created a polished illusion of financial strength that masked forged contracts and fake ...

An Indian-origin CEO Bankim Brahmbhatt has been accused of masterminding a $500 million BlackRock scam. | One of India's leading Digital News Agency offering Breaking News round the clock. Why not ...

The report said HPS Investment Partners, the private credit arm of BlackRock, and several other lenders claim to have fallen victim to the large-scale fraud. The funds were allegedly secured by using ...

BlackRock’s private-credit investing arm and other lenders are trying to recover hundreds of millions of dollars after falling victim to what they called a “breathtaking” fraud, marking another ...

The Wall Street Journal first reported the scandal involving Bankim Brahmbhatt, which has rocked the US private credit market and marks another breakdown in an opaque corner of the debt markets. | Lat ...

The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly wrong. HPS ...