{"id":64376,"date":"2018-06-27T01:12:07","date_gmt":"2018-06-27T05:12:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64376"},"modified":"2018-06-27T01:12:07","modified_gmt":"2018-06-27T05:12:07","slug":"tci-axon-accuse-india-real-estate-fund-of-1-5-billion-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2018\/tci-axon-accuse-india-real-estate-fund-of-1-5-billion-fraud.html","title":{"rendered":"TCI, Axon Accuse India Real Estate Fund of $1.5 Billion Fraud"},"content":{"rendered":"<p>\n(Bloomberg) Two high-profile hedge funds accused one of India\u2019s biggest real estate developers of defrauding its foreign investors out of as much as $1.5 billion, potentially one of the largest private equity scams ever. IREO Management engaged in a billion-dollar criminal conspiracy involving shadow companies, dumped documents and \u201castonishing theft,\u201d according to Axon Capital and Christopher Hohn\u2019s Children\u2019s Investment Fund Foundation. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-25\/tci-axon-accuse-india-real-estate-fund-of-1-5-billion-fraud\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Two high-profile hedge funds accused one of India\u2019s biggest real estate developers of defrauding its foreign investors out of as much as $1.5 billion, potentially one of the largest private equity scams ever. IREO Management engaged in a billion-dollar [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64376","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=64376"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64376\/revisions"}],"predecessor-version":[{"id":64377,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64376\/revisions\/64377"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}