Controversial celebrity couple Shilpa Shetty and Raj Kundra are back in the spotlight after the Bombay High Court issued a fresh directive in the ongoing ₹60 crore fraud case against them. The court has ruled that the duo must deposit ₹60 crore if they wish to travel abroad. It also clarified that the Look Out Circular (LOC) already in place against them will remain active and not be suspended.
The case originates from a complaint lodged by Deepak Kothari, a 60-year-old businessman and director of Lotus Capital Financial Services, who accused the couple of misusing ₹60 crore he had invested in their business ventures between 2015 and 2023.
According to the Economic Offences Wing (EOW) of the Mumbai Police, the investigation revealed that the funds provided by Kothari for business development were allegedly diverted for the couple’s personal use.
Based on the findings, an FIR was registered against Shilpa Shetty, Raj Kundra, and an unidentified associate under sections 403 (dishonest misappropriation of property), 406 (criminal breach of trust), and 34 (common intention) of the Indian Penal Code (IPC). With the LOC active, the couple is currently barred from leaving India pending further investigation.
Recent Random Post:
Priyanka Gandhi Counter to PM Modi Comments | Parliament Winter Session
Priyanka Gandhi Counter to PM Modi Comments | Parliament Winter Session
