Shilpa Shetty And Raj Kundra Face New Financial Fraud Allegations

Shilpa Shetty and her husband Raj Kundra are once again facing legal trouble. The Economic Offences Wing (EOW) has registered a case against them for allegedly cheating Mumbai businessman Deepak Kothari of Rs. 60 crore in a loan-cum-investment deal.

Kothari claims he was introduced to the couple by Rajesh Arya when they were directors of ‘Best Deal TV’, a home shopping and online retail company.

According to the complaint, the couple sought a Rs. 75 crore loan at 12% interest but advised showing it as an investment to avoid high taxes, promising monthly returns and repayment.

Kothari says he transferred Rs. 31.95 crore in early 2015 and another Rs. 28.53 crore in September 2015.

Later, Shilpa resigned as director, and the company reportedly went into insolvency. He alleges the couple did not return his money and used it for personal purposes.

Earlier this year, they also faced accusations in a gold investment scam.

Bollywood actor Shilpa Shetty and her husband Raj Kundra have been charged with cheating a Mumbai-based businessman of Rs 60 crore. The businessman, in his complaint, alleged that he had given them Rs 60.48 crore for business expansion, but they spent it on personal expenses. The… pic.twitter.com/qQeP5qhjLZ

— The Daily Jagran (@TheDailyJagran) August 14, 2025