Shilpa Shetty and Raj Kundra Embroiled in ₹90 Lakh Gold Scheme Scandal
The celebrity couple is facing allegations of cheating an investor in a gold scheme, with a Mumbai court directing the police to investigate.
Shilpa ShettyRaj KundraSatyug GoldGold SchemeCheating AllegationsMumbai CourtPolice ProbeReal Estate MumbaiJun 14, 2024
Kothari had invested ₹90,38,600 in Satyug Gold Private Limited, a company owned by the Kundra couple, under a 5-year plan that promised delivery of 5,000 grams of 24-carat gold in April 2019. The plan required investors to make full payment for the gold at a discounted rate upfront at the time of application. However, according to his complaint, the promised amount of gold was never delivered.
The complaint accuses the Kundra couple, along with two directors and an employee of the firm, of conspiring to operate
Frequently Asked Questions
How much did Prithviraj Kothari invest in Satyug Gold?
₹90,38,600
What was promised to Kothari under the 5-year plan?
Delivery of 5,000 grams of 24-carat gold in April 2019
What is the allegation against the Kundra couple and their company?
Cheating and criminal breach of trust
What is the value of properties attached by the Enforcement Directorate?
₹97.79 crore
What is the alleged scam that the Kundra couple is linked to?
Bitcoin Ponzi scam
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