Shilpa Shetty on ₹60 Crore Fraud Probe: “I Had No Role in Company Operations”

Bollywood actress Shilpa Shetty found herself at the center of a high-profile ₹60 crore fraud investigation as Mumbai police intensified their probe into alleged financial misconduct. On October 4, a team from the Economic Offences Wing (EOW) interrogated her for over four hours at her residence, delving into her involvement with a now-defunct company she co-founded with her husband, Raj Kundra. The case, which has sent shockwaves through the entertainment industry, stems from a complaint by a businessman claiming significant financial losses.

Shetty maintained during the questioning that she had no active role in managing the company’s operations, asserting her involvement was limited to promotional appearances for which she received celebrity fees. She provided documents to support her claims, which are now under scrutiny by investigators. The EOW is meticulously analyzing these submissions to determine the legitimacy of the transactions and whether funds were misused.

The investigation has also drawn attention to Kundra, who was previously questioned and is set for further interrogation due to inconsistencies in his statements. Sources suggest the police are exploring a broader network of financial dealings, with additional interrogations planned to uncover the full extent of the alleged scam. The case has raised serious questions about accountability in celebrity-endorsed ventures, prompting calls for stricter oversight in the industry.

Also Read: Shilpa Shetty and Raj Kundra Under Fire as ₹60 Crore Fraud Investigation Heats Up

As the probe deepens, the spotlight remains on the high-profile couple, with legal experts predicting a prolonged battle. The EOW’s relentless pursuit of evidence could reshape how financial transparency is enforced in Bollywood, leaving fans and industry insiders eagerly awaiting the next developments.

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