The documents make no mention of the Trump Organization, and focus largely on two real estate deals that began years before the organization signed a 2016 agreement with IREO to partner on an office tower in Gurgaon, outside New Delhi. NEW DELHI—An Indian company that is partnering with the Trump Organization on an office tower project has been accused of running an elaborate real estate swindle that cheated investors out of nearly $150 million (U.S.), according to complaints filed with Indian authorities. The Trump Organization did not immediately respond to requests for comment from The AP. The Children’s Investment Fund Foundation and Axon had originally filed suit in Mauritius, where the IREO investment funds were incorporated, trying to pressure IREO to manage them better. The Trump Organization has five projects in India, making it the brand’s largest market outside the United States.

Source: thestar March 20, 2018 02:26 UTC