The US is investigating telecom companies that borrowed money from BlackRock’s HPS

Federal prosecutors are investigating a group of telecommunications companies accused in a lawsuit of fraud by their lenders, including BlackRock Inc.’s private lending arm. The U.S. Attorney’s Office in Brooklyn, New York, is investigating at least two companies, Broadband Telecom and Bridgevoice, and their owner, Bankim Brahmbhatt, according to a person familiar with the case […]