🚨 BlackRock Hit by $500M Global Fraud Scandal!
In a stunning revelation, BlackRock has suffered losses exceeding $500 million after falling victim to one of the largest financial frauds in recent years — allegedly orchestrated by Indian national Bankim Brahmbhat. Using forged contracts and invoices, Brahmbhat reportedly tricked the asset giant into paying for fake receivables, later transferring the money to India and Mauritius before vanishing. His New York office was shut down soon after, and he filed for bankruptcy in the U.S. before disappearing entirely. This case has sent shockwaves across global finance, raising serious questions about internal controls even at the world’s biggest institutions.