The wing of economic offenses (EOW) registered the case of fraud against the actor Bollywood Shilpa Shetty, her husband Raj Kundra and an unknown individual.
The complaint filed by the entrepreneur Deepak Kothari, director of Lotus Capital Financial Services LTD, claims that the incident occurred in 2015 and 2023. Kothari claimed that the couple took the money under the pretext of expanding their business, but instead used it for personal expenses.
According to Kothari in 2015, Shetty and Kundra approached him through a mediator looking for a and £75 CRORE Loan for its company, Best Deal TV PVT LTD, which promoted lifestyle products and operated an online shopping platform. The proposed interest rate was 12 %, she said either.
Later, they reportedly asked him to provide funds as a “investment” instead of a loan and to provide it with monthly revenues and repayment of the principal.
Kothari claimed to move £31.95 Crore in April 2015 on the basis of a subscription contract and more £28.53 Crore in September 2015 on the basis of an additional agreement. The total amount was credited to Best Deal TV bank accounts.
Repeated attempts to restore funds reportedly failed and Kothari accused a couple of “dishonestly using” money for personal benefit.
The wing of economic offenses (EOW) is currently conducting a detailed investigation of financial transactions, agreements and alleged abuse of funds.
(Tagstotranslate) Shilpa Shetty (T) Raj Kundra (T) Case for Fraud (T) Wing of Economic Crimes (T) Mumbai
