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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UPDATE: AN ATTORNEY WHO ARRESTED ON POSSESSION OF NARCOTICS AND FIREARMS, PLESDS OUT TO A REDUCED SENTENCE. (PHOTO).

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Update- an Olney, Illinois attorney who was arrested on possession of narcotics and firearms, pleads out to a reduced sentence.


Paul Bishop, was first arrested in May of 2023 and charged with possession of cocaine and psilocybin mushrooms. He was also charged with possession of firearms without a FOID card.


A few months later in August, Bishop was again charged with possession of drugs.


On Wednesday, February 28th, Bishop entered a guilty plea on the first set of charges and the state dropped the charges from August. 

Bishop was sentenced to 24 months probation, ordered to attend treatment for drug use, 30 hours of community service and ordered to pay $2,815.00 in fines.


The firearms will be given to a relative upon presentation of a valid FOID card.


At this point it is unclear whether he will receive any type of censure from The Illinois Attorney Registration and Disciplinary Commission.


 Due to the serious charges we did report when he was arrested in May of last year. We hope for the best for Mr. Bishop.

 

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