📰 GeneralCNBCFriday, May 15, 2026 at 4:00 AM UTC6d ago

Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Photo: CNBC

Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.

Why this matters for military families

Developments that affect daily life for service members and their families at duty stations worldwide.

Read full article at CNBC →

Originally published by CNBC. Summary and curation by DutyStation.ai.

Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Why this matters for military families

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