US authorities are reportedly moving to end both the criminal and civil fraud cases against Indian billionaire Gautam Adani and several associates, in what could mark a major turning point for the Adani Group’s global ambitions.

According to people familiar with the matter, the US Department of Justice (DOJ) is considering dropping the criminal charges as early as this week, while the US Securities and Exchange Commission (SEC) is also said to be working toward resolving its parallel civil fraud case filed in 2024.

The development comes after months of legal deadlock. The criminal prosecution in Brooklyn had struggled to move forward because neither Adani nor the other accused individuals, including his nephew Sagar Adani, appeared before a US court.

Since the defendants remained outside the United States, the case effectively stalled despite the serious allegations.

The DOJ had accused Adani and others of orchestrating a $250 million bribery scheme involving Indian officials to secure lucrative solar power contracts.

Prosecutors also alleged that the group concealed details of the alleged scheme while raising funds from American investors.

The Adani Group, however, repeatedly denied all wrongdoing and maintained that the accusations lacked merit.

Legal experts believe the US authorities may now prefer a negotiated resolution instead of pursuing a prolonged cross-border legal battle with uncertain enforcement prospects.

While the criminal charges could reportedly be withdrawn, the SEC’s civil case is expected to end through a monetary settlement or penalty.

Another factor influencing the shift could be jurisdictional challenges raised by Adani’s legal team earlier this year.

Lawyers representing Adani argued in court filings that the SEC lacked sufficient jurisdiction over the Indian businessmen and that the alleged misleading statements cited by regulators were not legally actionable under US securities laws.

If the cases are formally resolved, it would remove a major cloud hanging over the Adani Group since late 2024.

The controversy had significantly impacted investor confidence and complicated the conglomerate’s access to international funding markets.

A settlement or dismissal would likely help the Adani Group revive its aggressive expansion plans across sectors, including renewable energy, ports, airports, logistics, and mining, while also restoring confidence among global investors and lenders.

Neither the SEC nor the Adani Group immediately commented on the reported developments, while the US Attorney’s Office in Brooklyn declined to issue a statement.