Comments by "Samson Soturian" (@samsonsoturian6013) on "How The Adani Fraud Actually Works (Allegedly)" video.

Googling... Reports say that party is getting 80% of "campaign donations," it doesn't say it's from Adani.
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Adani also very vocally supported Modi back when he was a disgraced governor. I initially assumed allegations of Modi's involvement were political propaganda, but now it seems likely.
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@pajeetsingh To be fair, they banned it because stock exchange officials were inside trading, shorting before delisting and such.
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That's over an unrelated matter, though.
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That's just a heavy Hindi accent.
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Let me break it down: 1. Use shell companies to trade with yourself, buy up all shares, and drive up the share price. 2. Get huge bankloan using shares as collateral. 3. Bribe officials to rig contract bidding in order to buy state assets for peanuts. 4. Pay off the loan and live off the proceeds of other people's labor.
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I understood it was just a therapist office. What's the con?
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@lemon14141 I did, and from what I understand they were paying YouTubers as much as 200 bucks a patient but they haven't done much vetting of these independent contractor therapists. Not (yet) fraud at this point.
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Doesn't matter in this case. Shorting is not allowed in India, but Hindenburg sold short their bonds in the US and bought an insurance plan that pays out when a default is announced.
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Most corporations are not democracies. Especially ones like Palantir where they have to worry about idiot corporate raiders.
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Dude, Americans will whine about the leadership no matter what they do. Also, greedy people will whine about rich people no matter what they do.
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@massm that's simply the accent from India. You, unfortunately, have only dealt with scammers
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Influence on the economy? Those guys are trying to encourage their customers to invest in green solutions with limited success. Mostly they just offer cheap investment products and sell to whomever is buying.
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Those acquisitions were part of the scam. Allegedly, government contacts rigged bids and changed rules so Adani could buy them for peanuts.
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Market cap does not equal money stolen.
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Crime brings down the GDP of any economy. I.E. Professional thieves are leaches that destroy in order to profit. Like how in the region I study the government frequently defaults on payroll because a large portion of the national budget is stolen and/or used to fund private armies.
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@gjd424 it'd be just as shitty
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@gjd424 Oh... You should hear the garbage the Hindis are up too these days...
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@kevinschultz6091 They have the same business model as that one place that failed with independent contractor doctors doing checkups over the internet. And they're spending heavily on ads and trying to scale real fast. Maybe they're just another chaotic startup.
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This happens a lot in the turdworld. Someone of modest means gets a key government connection, then suddenly makes stupid money which is used to fund cash acquisitions while everyone around them struggles to turn a profit.
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Not if they default.
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@al1395-y3d that will pay creditors, not revive the scam.
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Shell companies are not the crime, using shell companies to hide inside trading and affiliates is a crime.
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joelebsworth4259 Same assholes, different venture. And I understood the crime was they were ignoring the Aussies environmental protection laws.
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No. Literally no institutional investors owned it, and it is not know if anyone why didn't work for Adani owned it either. It was all a scam to get banks to give them huge low interest loans so they could buy up factories and such.
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Most taxes in the US are paid by companies and rich people
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@dsjadenvarghese5157 That ultimately makes no difference. The bosses will just raise their own prices and salaries accordingly.
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user-lk4no3vo8q liars burn in hell
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user-lk4no3vo8q What?
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A 1000% growth in less than a decade is automatically suspicious no matter who is running it.
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