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Moneycontrol18-12-2025, 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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