A Mumbai court has directed the police to investigate a complaint of fraud with an investor in a ‘gold investment scheme’ against film actress Shilpa Shetty, her husband Raj Kundra, and some other businessmen associated with them. Additional Sessions Judge NP Mehta said in his order on Tuesday that prima facie cognizable offenses are made out against the Kundra couple, the company Satyug Gold Private Limited established by them, and two more directors and an employee of the company.
Shilpa Shetty And Raj Kundra
Along with this, the court directed the BKC police station to investigate the allegations made in the complaint made by Prithviraj Kothari, managing director of ‘Riddhi Siddhi Bullions’. The judge has said in the order given to the police that if any cognizable offense is found against the accused, then an FIR should be registered against them under the relevant sections of the Indian Penal Code for fraud, crime, and breach of trust.
Shilpa Shetty And Raj Kundra
Kothari has said in the complaint filed through his lawyers that the Kundra couple had started a scheme in the year 2014. There was a scheme for investors in this that they were asked to make an advance payment of gold at a discount rate while applying and then on the maturity of the scheme, they were to be given a fixed amount of gold.
Shilpa Shetty And Raj Kundra
According to his complaint, based on the claims made by the accused persons, Kothari invested Rs 90,38,600 under the five-year scheme on the belief that he would be given 5,000 grams of 24-carat gold on April 2, 2019. However, he was never given the fixed amount of gold as promised by the company.
The complaint states that in this way the accused conspired and made a completely fake scheme and together committed an offense punishable under sections related to cheating and criminal breach of trust of the IPC.