Shilpa Shetty’s husband Raj Kundra’s difficulties increased, Mumbai Police’s big action, EOW summons in 60 CR scam case

New Delhi. Shilpa Shetty’s husband Raj Kundra is not taking the name of the difficulties in the case of cheating of Rs 60.48 crore. Last week, the Economic Offenses Branch of Mumbai Police (EOW) issued a look out circular (LOC) against both. Now taking action in this case, Mumbai Police has issued summons to Shilpa Shetty’s husband and businessman Raj Kundra.

According to the information, this case was registered on 13 August. Raj Kundra will now reach the Eow office on 15 September (Monday) and record the statement. According to a senior EOW official, “Raj Kundra was called for questioning on Wednesday (September 10), but he requested through his representative that he would join on Monday (September 15).”

Last week, Eow issued a lookout circular against Shilpa Shetty and Raj Kundra, as this couple often travels abroad. This step was taken to ensure that both were available in Mumbai during the investigation.

Deepak Kothari’s complaint

This fraud case is based on the complaint of Deepak Kothari, a businessman in Mumbai and director of Lotus Capital Financial Services. Businessman Deepak Kothari has alleged that between 2015 and 2023, Shilpa and Raj cheated her Rs 60 crore. Deepak claims that this amount was taken for the expansion of the company, but it was used for private expenses. Kothari alleges that Shilpa and Raj initially sought a loan of Rs 75 crore at 12% annual interest, but later advised to show it as investment to save tax. Kothari transferred Rs 31.95 crore in April 2015 and Rs 28.53 crore in September 2015, which deposited in the bank accounts of Best Deal TV.

Deepak Kothari says that in April 2016, Shilpa Shetty wrote a personal guarantee that the amount would be returned with 12% interest in a certain time. But a few months later, in September 2016, Shilpa resigned as the director of the company. He later came to know that a bankruptcy case of Rs 1.28 crore was also going on against the company in 2017, about which he was not told before.

EOW investigation

Due to the case being more than Rs 10 crore, EOW was transferred from Juhu police station. The police have registered a case against Shilpa, Raj and an unknown person under Section 403 (dishonestly abuse of property), 406 (criminal betrayal) and 34 (shared intention) of IPC.