Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian government officials.

Energy-to-ports billionaire Gautam Adani’s net worth took a hammering as shares of his listed companies plummeted after U.S. prosecutors accused him of orchestrating a $250 million bribery scheme.

Adani has been charged by U.S. federal prosecutors with defrauding investors for a solar energy project in India.

Gautam Adani, the second-richest person in India, is facing bribery charges in the US and business tumult globally. Adani is the founder and chairman of the Adani Group, a multinational conglomerate with businesses spanning energy, mining, ports ...

Authorities said Adani and seven other defendants, including his nephew, agreed to pay about $265 million in bribes to Indian government officials to obtain solar energy supply contracts expected to yield billions in profit.

Many are intrigued by the recent legal developments involving Indian billionaire Gautam Adani, who faces allegations of bribery and fraud in the United States. The charges stem from an indictment claiming Adani and others orchestrated a massive scheme to bribe officials and secure lucrative contracts.