US EditionShilpa Shetty, Husband Raj Kundra Face Lookout Circular in ₹60-Crore Cheating Case: Report
Mumbai Police's Economic Offences Wing issued a Look Out Circular against Shilpa Shetty and Raj Kundra for allegedly defrauding Deepak Kothari of over ₹60 crore through a fraudulent investment scheme.
- On Sep 5, Mumbai Police's Economic Offences Wing issued a Look Out Circular against Bollywood actress Shilpa Shetty and businessman Raj Kundra over an alleged ₹60 crore cheating case.
- The case was registered at Juhu police station on August 14 over a nearly Rs 60 crore loan-cum-investment dispute involving Deepak Kothari's 2015 meeting with Rajesh Arya, who requested an initial loan of Rs 75 crore at 12 interest.
- Kothari transferred Rs 31.95 crore in April 2015 and Rs 28.54 crore later, totaling Rs 60.48 crore credited to the company's HDFC Bank accounts with Rs 3.19 lakh stamp duty.
- The Economic Offences Wing registered an FIR under IPC sections 403, 406 and 34, summoned the firm’s auditor, and advocate Prashant Patil denied the charges as baseless and malicious.
- Records show Best Deal TV Pvt Ltd faced insolvency proceedings in 2017 and a concealed Rs 1.28 crore insolvency case, with the civil dispute adjudicated by the National Company Law Tribunal on October 4, 2024.
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17 Articles
Lookout circular issued against actor Shilpa Shetty, husband Raj Kundra in Rs 60 crore cheating case
Mumbai, Sep 5 (PTI) The Mumbai police have issued a Lookout Circular (LOC) against Bollywood actor Shilpa Shetty and her businessman husband Raj Kundra in connection with a Rs 60 crore cheating case, officials said on Friday. The LOC was issued by the Economic Offences Wing (EOW) of the city police as the couple makes […]
Shilpa Shetty, Raj Kundra get lookout notice in Rs 60 crore fraud probe
Hyderabad: Shilpa Shetty, the popular Bollywood actress, and her husband Raj Kundra, a businessman often in the news buzz, are once again making headlines. This time, it is not about glamour or business ventures but a serious cheating case worth Rs. 60 crore that has led the Mumbai Police to issue a Lookout Circular (LoC) against them. According to Deepak Kothari, a 60-year-old businessman and director of Lotus Capital Financial Services Ltd., t…
Mumbai Police Issue Lookout Circular Against Shilpa Shetty, Raj Kundra In ₹60 Crore Fraud Case
The Mumbai Police have issued a Lookout Circular (LOC) against Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, in connection with an alleged cheating case worth ₹60 crore.
Shilpa Shetty, husband Raj Kundra face lookout circular in ₹60-crore cheating case: Report
The Economic Offences Wing (EoW) registered a fraud case in August against actor Shilpa Shetty and her husband, businessman Raj Kundra, for allegedly cheating a Mumbai-based businessman, Deepak Kothari, of ₹60.4 crore.
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