ภ๏รtг๏ภคยt on Nostr: a $500 million telecom-financing fraud tied to BlackRock's private-credit arm has ...
a $500 million telecom-financing fraud tied to BlackRock's private-credit arm has rocked institutional markets, raising new concerns about risk management and due diligence.
Bloomberg reports that its private-credit arm, HPS Investment Partners, lost over $500 million in a telecom-financing scheme involving fake accounts receivable.
Published at
2025-11-01 07:24:22 UTCEvent JSON
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"content": "a $500 million telecom-financing fraud tied to BlackRock's private-credit arm has rocked institutional markets, raising new concerns about risk management and due diligence.\nBloomberg reports that its private-credit arm, HPS Investment Partners, lost over $500 million in a telecom-financing scheme involving fake accounts receivable.",
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