The US Justice Department on Monday sought to drop criminal charges against Indian billionaire Gautam Adani, taking him closer to resolving a long-running saga that once threatened the future of his giant conglomerate.
Adani Enterprises Ltd. agreed to pay $275 million over a probe by the Office of Foreign Assets Control, putting the Indian conglomerate a step closer to resolving its legal troubles in the US.
The Adani Group headquarters in Ahmedabad, India, on Monday, Nov. 3, 2025. Adani Enterprises Ltd. is planning to raise as much as 250 billion rupees ($2.8 billion) through a rights issue as it seeks to invest in capital intensive businesses like its airports venture.
Adani Enterprises Ltd. agreed to pay $275 million over a probe by the Office of Foreign Assets Control, putting the Indian conglomerate a step closer to resolving its legal troubles in the US.
The Adani Group headquarters in Ahmedabad, India, on Monday, Nov. 3, 2025. Adani Enterprises Ltd. is planning to raise as much as 250 billion rupees ($2.8 billion) through a rights issue as it seeks to invest in capital intensive businesses like its airports venture.
Gautam Adani is on the cusp of ending a series of legal threats in the US, paving the way for Asia’s richest man to ramp up investment and capital raising after months of battling allegations including fraud and bribery.
US authorities are moving to resolve the fraud charges against Indian billionaire Gautam Adani, according to people familiar with the matter, and end a criminal case that’s hung over Asia’s richest person for more than a year.
US prosecutors call him the mastermind of one of the largest frauds in history. He’s avoided arrest since disappearing from public view in 2015. Now, from wherever he’s hiding, the fugitive Malaysian financier Jho Low is seeking a pardon from President Donald Trump.
Jho Low, the Malaysian financier accused by the US of being the mastermind of one of the largest financial frauds in history, has sought a presidential pardon while he remains a fugitive.
Jho Low in 2014. Photographer: Kevin Mazur/WireImage/Getty Images
A US Army special forces master sergeant pleaded not guilty to charges of trading on classified information about the operation to capture then-Venezuelan president Nicolas Maduro.
Gannon Ken Van Dyke, a US Army soldier, exits federal court in New York, US, on Tuesday, April 28, 2026. Van Dyke was charged with using classified information about the timing of the capture of then-Venezuelan President Nicolás Maduro to make more than $400,000 trading on Polymarket’s prediction market, the Justice Department said.
A US Army soldier was charged with using classified information about the timing of the capture of then-Venezuelan President Nicolás Maduro to make more than $400,000 trading on Polymarket’s prediction market, the Justice Department said Thursday.
The Polymarket logo on a smartphone arranged in Germantown, New York, US, on Tuesday, July 22, 2025. Polymarket, the crypto-betting platform that was kicked offshore by federal regulators, has struck a deal to return to the US market just weeks after prosecutors shut down a probe of the company.
US President Donald Trump asked New York’s highest court to vacate a judge’s finding that he was liable for inflating the value of his real estate assets, arguing that his former lawyer Michael Cohen has since cast doubt on his own testimony against the president.
Michael Cohen, former personal lawyer to Donald Trump, leaves his apartment building on his way to Manhattan criminal court in New York, US, on Tuesday, May 14, 2024. Cohen, while taking the witness stand in the Manhattan criminal trial yesterday, directly connected Donald Trump to the hush-money payment to adult-film actress Stormy Daniels to keep their alleged sexual encounter out of the news ahead of the 2016 election.
Some of the undocumented immigrants who were separated from their family members during President Donald Trump’s first term in office have been detained again and are being held in violation of a 2023 federal court settlement, the ACLU said in a court filing.
A child looks at the badge of an Immigration and Customs Enforcement (ICE) agent.
A former Mozambique finance minister convicted in the US for his role in a $2 billion bond fraud was set to be deported Thursday after his release from prison, but was instead detained by Immigration and Customs Enforcement, according to his lawyer.
Mozambique's Finance Minister Manuel Chang speaks at a press conference of African ministers at the IMF/World Bank Annual Spring Meetings in Washington on April 21, 2012. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP via Getty Images)
The KinderHaus preschool sits tucked away in a quiet corner of Brooklyn’s southern Park Slope neighborhood. Some parents have called it one of the best kept secrets in the borough, allowing them to immerse their children in German from an early age. Cost? Nearly $50,000 a year.
A view of the Brooklyn Federal Court in New York on Dec. 8, 2025 Photographer: Charly Triballeau/AFP/Getty Images
In December 2020, some $3.5 billion worth of Bitcoin was taken from its owner in what’s been called the biggest crypto hack ever. Almost five years later, the new holder of the hoard — by then worth over four times more — revealed itself. It was the US government.
A still image from video footage broadcast by China’s state television network CCTV shows Chen Zhi being extradited from Cambodia to China in early January.
Tucked under the arcade at 49 Marktgasse in Bern’s historic city center is an opaque glass entranceway with a small sign identifying it as a branch of UBS Group AG, one of hundreds across Switzerland.
A logo at a UBS Group AG bank branch in Zurich, Switzerland, on Wednesday, Feb. 4, 2026. UBS Group AG posted profit which beat expectations in the fourth quarter, as the bank announced a $3 billion buyback program for 2026 with the potential for more.
Former President Bill Clinton told the House panel investigating Jeffrey Epstein that former Treasury Secretary Larry Summers introduced him to the disgraced financier after Clinton departed the White House.
Former U.S. President Bill Clinton Photo by Spencer Platt/Getty Images)
The Justice Department sued Harvard University for allegedly failing to hand over documents related to investigations into racial discrimination in admissions, the latest legal clash between the Trump administration and the Ivy League institution.
Pedestrians walk through Harvard Yard on the Harvard University campus in Cambridge, Massachusetts.
Former Goldman Sachs Group Inc. banker Tim Leissner reported to federal prison to begin serving a two-year sentence for one of the largest financial frauds in history.
Tim Leissner, former chairman of Southeast Asia for Goldman Sachs Group Inc., exits federal court in the Brooklyn borough of New York, US, on Thursday, May 29, 2025. Leissner, who pleaded guilty to helping loot the Malaysian investment fund 1MDB, was sentenced to two years in prison over his role in the massive fraud.
President Donald Trump got another shot Wednesday at trying to erase his criminal fraud conviction in New York as he seeks to transfer the case to a federal court where he can revive his claim of presidential immunity.
The US Securities and Exchange Commission’s fraud case against Gautam Adani on Friday cleared a procedural hurdle that had for months stalled the lawsuit against the Indian billionaire.
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