In any event, it was an exciting title for a small trader.

Describing the Adani Gathering as "the biggest scam in corporate history",

Hindenburg Exploration, New York

A resource trader, formerly known as Electric-Vehicle Producers Nikola Corp and

Money Road got the idea for raising difficult issues about the Lordstown engine,

gave a pass to Gautam Adani. The most expensive man in Asia.

Hindenburg's report was delivered last week,

When Adani Ventures, about 75% was held by its tycoon executive,

was soliciting financial backers for a follow-on open contribution (FPO).

The company was able to offer reply of 18 million offers to institutional financial backers for ₹3,276 ($40.15) each at the top-end of the estimating band.