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Kundra and Shetty Accused of Duping Businessman in Rs 60 Crore Fraud
6 Nov
Summary
- Four employees of Kundra's company summoned for questioning
- Investigating if company had enough orders to justify Rs 60 crore loan
- Kundra claims portion of funds used to pay actors Bipasha Basu and Neha Dhupia
As of November 6th, 2025, Raj Kundra and his wife Shilpa Shetty are facing a police case for allegedly duping a businessman, Deepak Kothari, of nearly Rs 60 crore in a loan-cum-investment deal. The Mumbai Police's Economic Offences Wing (EOW) has summoned four employees of Best Deal Private Limited, a company owned by Shetty and Kundra, for questioning in the ongoing investigation.
One of the four employees has already recorded his statement with the EOW last week, and the other three are expected to be questioned in the coming days. These employees held senior positions in Kundra's company during the time period in question. The EOW is trying to ascertain whether the Rs 20 crore claimed to have been spent on office furnishings is accurate, and how the employees were paid their salaries - whether through the company's earnings or from other sources.
Furthermore, the investigation team is working to determine if Kundra's company had enough orders from clients to justify taking a Rs 60 crore loan in the name of investment. Kundra has claimed that a portion of the Rs 60 crore was paid as fees to actors Bipasha Basu and Neha Dhupia. The EOW will also soon question product suppliers and individuals associated with companies that advertised products for Kundra's company. If necessary, Kundra may be summoned again for further questioning once the process is complete.
