Byju’s Alpha sues Byju Raveendran in Delaware court for orchestrating theft of $533 million
By
Binu Mathew
Th lawsuit exposes Byju Raveendran’s “Web of Deception” was designed and executed to defraud lenders. Byju along with Divya Gokulnath and Anita Kishore are allegedly responsible for fraudently transferring loan proceeds, misinterpreting financial information and preventing lenders from exercising remedies. This follows a recent Delaware court ruling affirming the fraudulent activities of transfers and conversion that occurred.