Shilpa Shetty, Husband Raj Kundra Accused Of Cheating Trader In Gold Scheme
NDTV
According to the complaint, Shilpa Shetty and Raj Kundra, orchestrated a scheme under their company, enticing investors with promises of lucrative returns on gold investments.
Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, have been accused of cheating a prominent trader in Mumbai. The accusation, made by bullion trader Prithviraj Saremal Kothari, has prompted the Mumbai Sessions Court to order a thorough investigation into the matter.
According to the complaint by Mr Kothari, Shilpa Shetty and Raj Kundra, along with associates, orchestrated a scheme under their company, enticing investors with promises of lucrative returns on gold investments. The scheme, named "Satyug Gold," allegedly assured investors of gold delivery at a fixed rate, regardless of market fluctuations.
Mr Kothari one of the leading players in the gold and bullion market, claims to have been persuaded by the accused to invest a substantial amount in the scheme. Assurances from Ms Shetty, Mr Kundra, and their associates reportedly convinced him of the scheme's legitimacy and the timely delivery of gold upon maturity.
