Investigating Raj Kundra and Shilpa Shetty’s Assets: ED Action
In a significant move, the Enforcement Directorate (ED) has announced the provisional attachment of assets belonging to Raj Kundra and Shilpa Shetty, totaling Rs. 97.79 Crore. This action is pursuant to ongoing investigations into alleged money laundering activities involving Kundra.
Details of Attachment: Raj Kundra and Shilpa Shetty’s Assets Seized
The ED statement reveals that the attached properties include a residential flat in Juhu, presently registered under Shilpa Shetty’s name, a residential bungalow in Pune, and equity shares in the name of Raj Kundra.
Allegations and Investigations: Raj Kundra and Shilpa Shetty Under Scrutiny
The ED initiated its investigation based on multiple FIRs filed by Maharashtra Police and Delhi Police against various individuals, including Kundra. It is alleged that significant funds were collected through fraudulent means, particularly in the form of Bitcoins, with promises of high returns.
Scam Involvement: Raj Kundra’s Connection to Bitcoin Ponzi Scheme
The statement discloses that Raj Kundra received 285 Bitcoins from the mastermind of the Gain Bitcoin Ponzi Scam, Amit Bhardwaj, for setting up a Bitcoin mining farm in Ukraine. These Bitcoins, sourced from illicit activities, remain in Kundra’s possession.
Legal Proceedings: Arrests Made and Accused Still At Large
As part of the investigation, several individuals have been arrested, including Simpy Bhardwaj, Nitin Gaur, and Nikhil Mahajan. However, key figures like Ajay Bhardwaj and Mahendra Bhardwaj remain fugitive.
Ongoing Efforts to Uncover Truth Behind Raj Kundra and Shilpa Shetty’s Alleged Involvement
The ED’s actions underscore the ongoing efforts to unravel the complex web of financial irregularities allegedly involving Raj Kundra and Shilpa Shetty. As investigations continue, further developments are anticipated in this high-profile case.
Read more of the latest news at