CompaniesIndian businessman had faced conspiracy, securities fraud and wire fraud allegationsIndian businessman Gautam Adani, right, celebrates with Prime Minister Narendra Modi during an October 2025 inauguration event for the Navi Mumbai International Airport in Ulwe, India. © ReutersMay 19, 2026 02:32 JSTNEW YORK (AP) -- U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping investors in a massive solar project in India.Adani, one of the world's richest people, was accused in 2024 of paying massive bribes to ensure the project's success. He was charged with conspiracy, securities fraud and wire fraud charges in connection with a lucrative arrangement for Adani Green Energy and another firm to sell 12 gigawatts of solar power to the Indian government to light millions of homes and businesses.The Adani Group denied the allegations at the time, calling them baseless."The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources to these criminal charges against individual defendants," prosecutors wrote in a court filing.Judge Nicholas Garaufis must still approve the request.Lawyers for Adani and his co-defendants consented to the request, prosecutors said. Adani's lawyer, Robert Giuffra, declined to comment.Adani was never arrested in the case or brought to the U.S. to face trial and some in India long expected the case would be shelved after President Donald Trump last year suspended enforcement of the Foreign Corrupt Practices Act, a U.S. law banning business bribes overseas.