INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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FRAUDSTER ARRESTED WITH NINE ATM CARDS STOLEN FROM BANK.{PHOTO}

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Fraudster Arrested With Nine ATM Cards Stolen From Bank

The Enugu State police command has arrested a member of a fraud syndicate that specializes in stealing bank customers’ Automated Teller Machine (ATM) cards through swapping.

The suspect, identified as Chukwudi Chukwu, was nabbed with nine stolen ATM cards.
The 25-year-old suspect was said to have been arrested by police operatives attached to New Haven Police Division after they received a distress call that the suspect was about to be lynched by an angry mob.

It was gathered that the syndicate which the man belongs, swaps unsuspecting bank customers’ ATM cards by offering to assist them to process their transaction on the machines.

They will thereafter, use the ATM cards to empty their victims’ accounts.

However, luck was said to have run out on Chukwu when he was discovered to have swapped a woman’s ATM card after offering to assist the woman in processing her transaction on the ATM with the intention of defrauding her.

The woman was said to have raised the alarm after discovering the act and the alarm made a mob to gather and descend on him, before he was rescued from being lynched by policemen.
According to a statement by the state police command through its Public Relations Officer, Daniel Ndukwe, an Assistant Superintendent of Police, the suspect confessed that the syndicate specialises in swapping bank customers’ ATM cards with non-functional one.
“Police operatives attached to New Haven Police Division of Enugu State Command have arrested one Chukwudi Chukwu, aged 25 years, at Chime Avenue, Enugu,” the police statement said.

“His arrest led to the recovery of a tricycle with registration number: ENU 677 WW he and his gang members used for operation and nine ATM cards of different banks were found on him.

“The man, whose arrest was due to a swift response to a distress call from a citizen and his rescue from an angry mob by the operatives, was said to have swapped a woman’s ATM card after offering to assist.

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