Trump Org's India realty partner accused of $1.5 bn fraud
IREO Management, an Indian real estate company that partnered with the Trump Organization on an office tower project, has been accused of defrauding foreign investors of at least $1.5 billion. Foreign hedge funds Axon Capital and TCI have alleged that IREO Managing Director Lalit Goyal created a web of shadow companies in order to siphon investor money.