Shilpa Shetty, Raj Kundra Booked in ₹60-Crore Fraud Case
Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, have been booked by the Economic Offences Wing (EOW) of the Mumbai Police in an alleged Rs 60.48 crore fraud case.
Allegations Against the Couple
Businessman Deepak Kothari claims he provided funds to the couple’s defunct company, Best Deal TV Pvt Ltd, between 2015 and 2023 — initially as a loan, later reclassified as an investment. He alleges that over Rs 60 crore was diverted for personal use and that multiple attempts to recover the amount failed. The transactions reportedly included Rs 31.95 crore in April 2015 and Rs 28.53 crore in September 2015.
Couple’s Response
The couple’s legal representative has denied any wrongdoing, calling the case a “civil” dispute that was already settled by the National Company Law Tribunal (NCLT) in October 2024. They insist there was no criminal intent or misconduct. Auditors have provided the EOW with supporting documents, including cash flow statements, along with a liquidation order on record.
Current Status
The EOW is investigating the matter, citing the high monetary value of the complaint. The couple’s legal team has indicated plans to take action against what they describe as a malicious and defamatory accusation. The case has drawn additional public attention given the couple’s history of high-profile legal controversies.
