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Entertainment

Fraud Case Worth Crores: Tightening Noose Around Actress Shilpa Shetty

Last updated: October 8, 2025 2:49 am
Sameer Sheikh
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Mumbai: Bollywood actress Shilpa Shetty and her husband Raj Kundra have once again landed in legal trouble as Mumbai Police’s Economic Offences Wing (EOW) intensifies its probe into a massive financial fraud case worth over ₹60 crore.

According to sources, Shilpa Shetty was questioned for more than four hours, with officers visiting her home to record her statement. The inquiry revolved around her role in Best Deal TV Pvt Ltd, a company she co-founded with her husband, and focused on its financial transactions and investments.

The case involves allegations of a ₹60.48 crore scam filed by businessman Deepak Kothari, who claims that between 2015 and 2023, he invested large sums in Raj Kundra and Shilpa Shetty’s company. However, instead of using the funds for business purposes, the money was allegedly diverted for personal expenses.

Investigators say Shilpa resigned from her directorial post in 2016, but suspicious financial activities reportedly continued even after her exit.

The EOW has issued Look Out Circulars (LOCs) against the couple to prevent them from leaving India. Recently, the Bombay High Court rejected their plea to travel abroad to Phuket, citing ongoing investigations.

Shilpa’s lawyer has strongly denied all allegations, calling them “false, baseless, and malicious.” He stated that Shilpa has had no role in the company’s affairs since her resignation and that her name is being dragged into the controversy unnecessarily.

Raj Kundra has previously faced major controversies, including the infamous 2021 pornography case, in which he was arrested and later released on bail. The new financial scam allegations have once again placed the couple under intense public and media scrutiny.

For now, the EOW is examining bank records, company documents, and transaction trails linked to both Shilpa and Raj. Officials said more statements are expected to be recorded in the coming days as the investigation deepens.

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