One of the Trump Organization’s partners in an Indian project was accused of running an elaborate real estate scam, cheating investors out of roughly $150 million, according to complaints filed with Indian authorities.
The Associated Press reported that Ramesh Sanka, former CEO of the real estate firm IREO, said in the documents that he saw “various acts of cheating, fraud and misappropriation of money” at the firm. IREO created “huge wrongful gains” for its managing director and his allies, said Sanka, who left the company in 2016.