Bollywood actress and entrepreneur Shilpa Shetty was questioned for over four hours by the Mumbai Police’s Economic Offences Wing (EOW) in connection with an alleged ₹60 crore fraud case. The interrogation, conducted at her residence, focused on transactions linked to her advertising company. Shetty provided documents to the authorities, which are now under verification, as the investigation into her and her husband, businessman Raj Kundra, intensifies.
The case stems from a complaint by businessman Deepak Kothari, who alleges that Shetty and Kundra conspired to defraud him of over ₹60 crore between 2015 and 2023. According to Kothari, funds intended for business expansion were misappropriated for personal expenses. The EOW has been probing the couple’s financial dealings, with Shetty’s recent statement shedding light on the transactions in question. Sources indicate that the police are examining whether the funds were siphoned off through the couple’s business ventures.
In September, Raj Kundra was summoned and interrogated for five hours by the EOW in the same case. During his questioning, Kundra reportedly claimed that a portion of the disputed funds was paid as fees to actresses Bipasha Basu and Neha Dhupia. However, he remained silent on several critical aspects, prompting the EOW to schedule additional rounds of questioning. The police have confirmed that Kundra will be summoned again to clarify inconsistencies in his statements.
Investigators have uncovered evidence of direct transfers from the company’s accounts to the personal accounts of four actresses, including Shetty, Basu, and Dhupia, as well as transactions linked to Balaji Entertainment. These findings have raised questions about the legitimacy of the financial dealings and whether the funds were used for legitimate business purposes or diverted for personal gain. The EOW is meticulously analyzing the documents provided by Shetty and Kundra to trace the flow of money and establish the extent of the alleged fraud.
As the investigation progresses, the spotlight remains on Shetty and Kundra, with the EOW determined to uncover the truth behind the ₹60 crore fraud allegations. The case has sent shockwaves through Bollywood, raising concerns about financial transparency in the industry. Further developments are expected as the police continue their probe and additional interrogations are conducted.