9Photo© hindustantimes.comBad news for Shilpa Shetty and husband Raj Kundra, power couple charged with fraud worth…
Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, have been accused of cheating a Mumbai businessman, Deepak Kothari, of ₹60 crore. The case is linked to a loan-cum-investment deal for their now-shut company, Best Deal TV Pvt Ltd.
Kothari claims that between 2015 and 2023, he gave the couple ₹60.48 crore for expanding their online shopping business, but instead, they allegedly used the money for personal expenses. He says he met them in 2015 through an agent named Rajesh Arya, when both Shetty and Kundra were directors of Best Deal TV. At the time, Shetty owned over 87% of the company’s shares.
According to Kothari, Arya initially asked for a ₹75 crore loan at 12% annual interest for the company. To avoid high taxes, Arya suggested showing the money as an “investment” instead. After a meeting, the deal was finalised, and they promised to repay him on time.