Shilpa Shetty and Raj Kundra Booked in ₹60 Crore Fraud Case

A major fraud case has been registered against Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra. The two have been accused of cheating a sum of ₹60 crore, and the police have now initiated an investigation into the matter.

According to reports, Shilpa Shetty and Raj Kundra have faced several legal troubles over the years, with their names cropping up in various cases. In the latest incident, businessman Deepak Kothari has filed a complaint against the couple, alleging that they conspired to defraud him of ₹60 crore between 2015 and 2023.

Kothari claimed that the couple initially asked for a loan of ₹75 crore from him at an interest rate of 12%. Later, he was persuaded to invest the money instead, supposedly to evade higher taxes. He was assured that his entire amount, along with returns, would be paid back to him every month.

In the past, Shilpa Shetty and Raj Kundra launched a TV channel together. However, in 2016, Shilpa resigned from her post as a director of Best Deal TV. The following year, irregularities in another deal led to bankruptcy proceedings against the company.

The current allegations suggest that the money borrowed from Deepak Kothari was used by Shilpa and Raj for their personal expenses and profits, rather than for the purposes initially stated. The case has now been handed over to the Economic Offences Wing (EOW) for further investigation.

Legal troubles for the couple have continued: earlier this year, they were also accused in a gold scam scheme involving another investor. In 2021, Raj Kundra was arrested by police in connection with an adult content case, for which he spent two months in jail. He is also currently under investigation for involvement in a Bitcoin fraud case. Previously, he was banned from IPL matches for his involvement in betting.