Shilpa Shetty, Raj Kundra booked in โ‚น60-cr fraud case

Shilpa Shetty, Raj Kundra booked in โ‚น60-cr fraud case


A case has been filed against actor Shilpa Shetty, her husband Raj Kundra, and another individual, for allegedly cheating a Mumbai-based businessman of over โ‚น60 crore. The alleged fraud is linked to a deal involving the coupleโ€™s now-defunct firm, Best Deal TV Pvt. Ltd.

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The case against Shetty and Kundra was filed by businessman Deepak Kothari, who alleged that the couple conspired to defraud him of โ‚น60 crore between 2015 and 2023.

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Kothari, director of Lotus Capital Financial Services, said in his complaint that one Rajesh Arya introduced him to the couple, who were then directors of Best Deal TV Pvt Ltd, a home shopping and online retail platform. At that time, the couple held 87.6 pc of the companyโ€™s shares.

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According to Mumbai Police, Kothari claimed that he invested the money to expand his business ventures. But instead, the funds were allegedly spent on personal expenses by Shetty, he claimed.

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The investigation into the case has been handed over to the Economic Offences Wing (EOW) as the amount involved exceeded Rs 10 crore. The development only adds to the coupleโ€™s legal troubles.



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