Shilpa Shetty, Raj Kundra face new cheating charges in ₹60 Cr fraud case

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Moneycontrol•18-12-2025, 12:26
Shilpa Shetty, Raj Kundra face new cheating charges in ₹60 Cr fraud case
- •Shilpa Shetty and Raj Kundra accused of cheating in a ₹60 crore fraud case by Mumbai Police EOW.
- •Case initially registered under IPC Section 406 (criminal breach of trust); Section 420 (cheating) added after investigation.
- •Businessman Deepak Kothari alleged fraud of ₹60.4 crore in a loan-cum-investment deal with Best Deal TV Private Limited.
- •Raj Kundra denies allegations, calling them baseless and malicious, stating a High Court petition is pending.
- •If found guilty of cheating under IPC, punishment can be up to seven years imprisonment and a fine.
Why It Matters: Shilpa Shetty and Raj Kundra face new cheating charges in a ₹60 crore fraud case.
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