Categories: Bollywood News

Shilpa Shetty and Raj Kundra in Hot Water Again: Jeweler Accuses Them of ₹90 Lakh Fraud, Court Demands Investigation

Oh, Bollywood! The land where drama isn’t just on-screen but spills over into real life too! Our favorite duo, Shilpa Shetty and Raj Kundra, are back in the limelight, and surprise, surprise—it’s not for a blockbuster movie! This time, they’ve got a new supporting actor: a jeweler with a bone to pick!

Grab your popcorn, folks, because this saga is juicier than a mango in June. Our beloved Shilpa and her hubby Raj Kundra have found themselves tangled in yet another controversy. A Mumbai-based jeweler, Prithviraj Kothari, has accused the dynamic duo’s company of fraud. Yes, you heard it right! He’s dragged them into court, claiming they made promises as hollow as their PR statements.

Apparently, Kothari invested a whopping ₹90 lakh in Shilpa and Raj’s company, Satyug Gold Pvt. Ltd. According to him, this investment was supposed to yield 5000 grams of 24-carat gold by 2019. But here we are in 2024, and guess what? No gold! Kothari says if Raj and Shilpa had kept their word, he would’ve been swimming in gold worth ₹2.75 crore by January 2020. Talk about fool’s gold!

Here’s the lowdown on this golden mess:

Shilpa and Raj launched Satyug Gold Pvt. Ltd. back in 2014, promising investors that if they put in money at discounted rates, they’d get more gold than Midas himself. Kothari, trusting their glittering promises, invested ₹90 lakh for a sweet deal on gold. Fast forward to 2019, and Kothari’s pot of gold is still as empty as the promises made by Bollywood’s PR machinery.

The court has now instructed the police to investigate and file an FIR if the claims hold water. Well, Raj and Shilpa, looks like your golden days are turning a bit rusty!

And if you thought this was the end, hold onto your hats!

Back in April, the Enforcement Directorate (ED) went after the Kundra couple, seizing assets worth ₹97.79 crore. This included Shilpa’s swanky Juhu flat and Raj’s luxurious bungalow. The whole mess is tied to a 2002 Bitcoin Ponzi scheme. Because why stop at gold when you can also dabble in cryptic currencies, right?

Oh, and let’s not forget Raj’s previous tryst with the law:

In 2021, Raj was arrested in a pornography case and spent almost two months behind bars. Seems like controversy is the Kundras’ middle name!

Nisha’s Nutshell:

When it rains, it pours in Bollywood—especially if you’re Raj Kundra. The moral of the story? In Bollywood, if the gold doesn’t dazzle you, the scandals surely will!

Tags:
Bollywood Drama, Shilpa Shetty, Raj Kundra, Mumbai Court, Fraud Allegations, Satyug Gold Pvt. Ltd., Bollywood Controversy, ED Seizure, Bitcoin Ponzi Scheme, Bollywood Scandals

Newshound Nisha

Nisha Sharma, popularly known as Newshound Nisha, is a dedicated Bollywood news reporter who sniffs out the latest happenings in the Hindi film industry. With her keen nose for news and extensive industry contacts, she keeps readers informed about the most recent developments in the world of Bollywood.

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