Shilpa Shetty & Raj Kundra: ED Seizes Assets Worth 97 Crores, Including Shilpa Shetty’s Lavish Bungalow

More From Author

See more articles

Son of Sardaar 2: Ajay Devgn Returns with Comedy...

Son of Sardaar 2 stars Ajay Devgn, Mrunal Thakur in hilarious sequel. Teaser releases June 24, film...

Fantastic Four: First Steps Trailer Reveals Epic Galactus

Fantastic Four: First Steps trailer reveals Galactus attacking Earth with Pedro Pascal's team facing their biggest threat....

Nothing Gallery Update: Revolutionary 2.0 Brings Pro Editing

Nothing Gallery update introduces built-in photo and video editing tools, AI sorting, and 25% faster performance ahead...

Shilpa Shetty & Raj Kundra: ED Seizes Assets Worth 97 Crores, Including Actress’s Lavish Bungalow. The Enforcement Directorate (ED) has made a significant move against businessman Raj.

Shilpa Shetty & Raj Kundra: ED Seizes Assets Worth 97 Crores, Including Shilpa Shetty’s Lavish Bungalow

On Thursday, properties worth Rs. 97 crore belonging to Kundra were seized. The ED has confiscated a flat and a bungalow registered under the name of the actress. Kundra’s involvement in a pornography case in 2021 led to his arrest, though he was subsequently released on bail after a few months.

Under the Prevention of Money Laundering Act (PMLA) of 2002, this action has been initiated against Raj Kundra. The ED has additionally confiscated a flat in Juhu registered under actress Shilpa Shetty’s name, a bungalow in Pune, and several equity shares owned by Shilpa’s Husband Raj.

The ED is currently probing a money laundering case involving Raj. He is under investigation by the ED regarding his involvement in a cryptocurrency-related matter. Conducting business transactions using cryptocurrencies like Bitcoin is prohibited in India. However, the investigative agency claims that Raj manipulated transactions by engaging in business activities using cryptocurrencies.

In 2018, the Enforcement Directorate initiated an investigation into Raj Kundra’s involvement in a Rs 2000 crore Bitcoin scam. An ED official stated that Raj was being questioned in connection with a case filed at the Thane Crime Branch. At that time, it remained uncertain whether Raj had any culpability in the scam or if he was a victim, as per the official. However, the recent confiscation of property may exacerbate Raj Kundra’s legal challenges.

Read More-
Shilpa Shetty Candid Revelation: Reflecting on Her Bollywood Struggles
Shilpa Shetty House Kinara: Step Inside and Explore 15 Captivating Photos and Videos of Shilpa Shetty’s Rs. 100 Crore Lavish Mumbai Retreat

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

━ Related News

Featured

━ Latest News

Featured