An Indian-origin businessman, Bankim Brahmbhatt, is the central figure in a major fraud scandal—labeled "breathtaking"—which has reportedly left BlackRock's private-credit arm and other lenders scrambling to recover over $500 million.

Bankim Brahmbhatt-who is he?

Bankim Brahmbhatt owns two lesser-known telecom-services firms, Broadband Telecom and Bridgevoice, through the Bankai Group. The Bankai Group claims to be a global leader offering infrastructure and connectivity solutions to operators of telecom services at all levels worldwide. A July social media post describes Brahmbhatt as President and CEO of the Group.

Add Zee News as a Preferred Source

Until recently, Brahmbhatt had offices in Garden City, N.Y. There is very little about him online, and a LinkedIn profile that seemed to

See Full Page