Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

by | Feb 13, 2023 | Resources | 36 comments

Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

https://external-preview.redd.it/4J3aYipE2-pNXa32Tm5r80C__ZVmD3T1lihKn926RGs.jpg?auto=webp&v=enabled&s=91baa274e7057c243c8567851f885c5fa142b1cb

Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History



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Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History


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Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

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36 Comments

  1. Anxious_Ad_7976

    Give me a ticker and a strike price ![img](emote|t5_2th52|27189) you think I’m reading all that?

  2. Alexa_is_a_mumu

    TLDR: bunch of shady offshore companies trading Adani company shares to drive up the stock prices.

  3. frankomapottery3

    jesus…. three days ahead of their follow on public offering… anyone who’s been shitting on Hindenburg is about to see the goods. These folks pushed all in and they 10000% have the data. Not only is the FPO fucked… Adani Group will be too.

  4. zulufux999

    How do we short it

  5. vedantbajaj

    Right now would be the worst time to short the company. Dude’s company controls 70 percent of India’s shipping and major airports including Delhi and Mumbai airport. Plus he’s been awarded about 30-35 percent of govt infrastructure project. And India has a general election and this guy is financier of PM Modi. Until he’s in power, wouldn’t bet against him

  6. poubelleaccount

    …Did they actually interview any Indians while doing research for this? These things are an open secret to people in India; the government is known to provide insane amounts of funding under the table to the Adani Group and abets its inflation of market cap. It makes no sense to talk about how things should work “purely on the fundamentals” because the company is tethered to the Indian government’s teat. Shorting Adani’s companies would be like shorting Freddie Mac.

    (Realistically, they know all this, bought puts in advance, and are counting on *you* to short it so they make money.)

  7. Dumbkoreantrader

    Everyone’s saying short so I guess the price can only go up

  8. TheJacen

    Bernie madoff to hindenturds- am i a fucking joke to you?

  9. LizHurleyFan

    He became rich by looting Indians and Indian wealth, mostly natural resources and banks. He is pro Hindu nationalists and funds them. So it wont be an issue there.

  10. bamadesi

    Adani is super close to Modi. I doubt he faces any consequences.

  11. Gary6587

    How does this help my puts

  12. kingoftheplebsIII

    RIP Nifty 50

  13. Revolutionary-Leg585

    This is what INDA is? Damn! This explains the unusual PUT volume I saw today. (47 strike, Feb 17th)

  14. Big-Industry4237

    HOLY FUCK

  15. TheIceCreamMansBro2

    the companies aren’t even down 10%

  16. Intelligent-Fig-8989

    He is an oligarch with Modi’s support. Nothing is going to happen to him.

  17. somebellguy

    According to the article, the key to climbing the executive ladder at Adani Group is continually getting investigated for fraudulent schemes

  18. Unable-Ad3852

    calls on GLD

  19. DesmondMilesDant

    Can we get this post 10M upvotes ?

  20. avi6274

    India is corrupt and Adani has close ties to the current ruling party, nothing major is going to happen. Probably an inconsequential fine at most.

  21. Clive_Warren_4th

    i’m pretty sure the 2nd richest man is also pulling a large con…

  22. Odd-Block-2998

    Western world: Hey, China is going down by their own, target India now before they become a threat like China. ![img](emote|t5_2th52|4275)

    By the way, how should I short Adani? ![img](emote|t5_2th52|4271)

  23. dandoggydog

    Long winded way of saying byebye India ATH?

  24. Somad3

    Another big 4 must have involved.

  25. Old_Description6095

    Enron Part Deuce: India Version

  26. doublejeopardyalex

    I always knew Guy Adami was full of it

  27. Outis7379

    *Looks at ETFs.*

    If wsb says puts, calls it is.

    Edit: Lordy the volume is abysmal on all of these.

  28. fancyhumanxd

    So exactly the same process as people used to inflate the price of NFT jpegs. How does He ger away with it?

  29. Head-Attorney3867

    Live hard, die poor >:”)

  30. nsxn

    Not to be confused with Ambani who’s Indian conglomerate company Reliance has equipped the worlds largest population with cheap cell phones and easy access to coverage. Already have telecom and energy under their belt will probably start taking over media at some point.

    He’s headed to the moon and should be top 5 richest in a few years while Adani and others on the list drop down.

  31. Several-Canary9784

    Impressively convoluted schemes

  32. Big_P4U

    I probably read a quarter to around 50% of the article. Interesting stuff but I’m not sure how much of this is really new. Does anyone else find it hilarious that Hindenburg jokingly discloses their “initial disclosure” of having a short position AFTER the initial TLDR summary?

  33. sam7cats

    For the novice, can someone explain in laymen terms this report? Such as how they inflated their stock?

  34. Jerome_BRRR_Powell

    Long Dated puts for INDA

    Indian investors aren’t as sophisticated as those in the USA, as their stock market isn’t mature enough

    The second the start to see red, they will panic sell

  35. OrdinarySignature823

    Cool some Indian company with no actionable path to profit.

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