Billionaire business tycoon Gautam Adani was cast in a spell of gloom after American short seller Hindenburg Research’s report about his companies

Hindenburg Research has accused the Adani Group of “accounting fraud, stock manipulation and money laundering” in a report titled “Adani Group : How the world’s 3rd richest man is pulling the largest con in corporate history?”

The report erased over $100 billion from Adani’s empire and pushing him down on the global rich list

Although Adani Group have refuted the allegations of Hindenburg Research, the latter says its report on the former is based on two years of investigation

Here are some lesser known shocking facts of Nathan or Nate Anderson, the founder of Hindenburg Research-

Anderson attended University of Connecticut and has CFA (Chartered Financial Analyst) and CAIA (Chartered Alternative Investment Analyst) certifications

He worked as an ambulance medic and a research assistant before attending University of Connecticut in 2002

According to his LinkedIn profile, Anderson worked in several managerial positions in reputed companies before founding Hindenburg Research in 2018

Anderson , in his LinkedIn profile, claims that Hindenburg Research specializes in forensic financial research which aims in looking for ‘man-made disasters floating around in the market and aim to shed light on them before they lure in more unsuspecting victims

Hindenburg Research wrote investigative reports on various companies including on highly popular ones like Nikola in the past