US Edition
Shilpa 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.
14 Articles
14 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.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
