US authorities are reportedly close to resolving fraud charges against Indian billionaire Gautam Adani, with the Justice Department possibly dropping the criminal case soon.

US authorities are moving to resolve the fraud charges against Indian billionaire Gautam Adani, according to people familiar with the matter, and end a criminal case that has hung over Asia’s richest person for more than a year. The Justice Department may announce that they are dropping the charges as soon as this week, said the people, who asked not to be identified discussing a confidential matter. The Securities and Exchange Commission is also moving to settle a parallel civil fraud case it.....