Indian man cheats Swiss firm Trafigura of ₹5,400 crore by selling scrap instead of nickel
Indian businessman Prateek Gupta, who's being investigated in India for fraud, has been accused by Swiss firm Trafigura, one of the world's largest commodities traders, of cheating it of $600 million (about ₹5,400 crore). Trafigura claimed Gupta sold it scrap and steel instead of nickel. Gupta alleged that Trafigura officials asked him to boost nickel trading under a secret scheme.