BlackRock’s

The Basics of the Case In a dramatic turn, BlackRock’s private-credit arm, along with other lenders, has initiated legal action alleging a massive fraud scheme involving more than $500 million. Bankim Brahmbhatt—an Indian-origin executive—stands at the centre of the case. He is tied to US-based telecom-services firms Broadband Telecom and Bridgevoice (and related entities such … Read more