Democratic senators question DOJ decision to drop case against billionaire

The Trump administration said it wanted to drop its criminal fraud charges against Gautam Adani, one of the world’s wealthiest people. A judge hasn’t yet signed off.

Democratic senators are questioning why the Justice Department moved to drop fraud charges against billionaire Indian businessman Gautam Adani, a significant reversal in a high-profile case.

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Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut wrote a letter asking acting Attorney General Todd Blanche about the “reportedly ‘transactional nature’” of the decision to forgo the case.

Adani, who is estimated to be worth more than $100 billion and was considered the richest person in India, was indicted in 2024 in the Eastern District of New York over his suspected role in a massive fraud and bribery scheme, in which he is accused of defrauding U.S. investors and paying off Indian government officials to win a bid to develop the country’s largest solar power plant. He called the accusations baseless.