Mumbai: Bollywood actress Shilpa Shetty’s husband Raj Kundra was summoned and questioned by the Enforcement Directorate (ED) on Tuesday at their Mumbai office in connection with an alleged bitcoin scam.
Kundra was reportedly summoned by ED for his alleged links with fraudster Amit Bhardwaj. There is still no official confirmation on the role of Raj Kundra in this case. Touted as a bitcoin entrepreneur, Bhardwaj allegedly duped more than 8,000 people to the tune of Rs 2,000 crore from across the country.
This isn’t the first time when Kundra has landed in trouble. Earlier he had admitted to placing bets in the Indian Premier League and has been serving a life ban from all cricket-related activities.
In March, he filed a petition in Supreme Court challenging the ban. Rajasthan Royals, a franchise he co-owns, was also banned for two years and made a comeback in the recently-concluded IPL season.
Earlier this year, Kundra had accused actor Sachiin Joshi of non-payment of dues. Kundra had alleged that Joshi had bought a team in Indian Poker League (a tournament started by Raj Kundra) but his cheque for Rs. 40 lakh had bounced.
The Income Tax Department had recently sent notices to bitcoin users who were dealing in bitcoins worth Rs 1 crore or more daily. These names were also forwarded to ED and a probe into possible money laundering and fraud was initiated. It is learnt that many well-known names – especially those of Bollywood celebrities – may come up during investigations.
While the nature of Kundra’s questioning is not yet clear, he is not new to controversies and was previously embroiled in the infamous IPL betting scandal. He is serving a life ban from all cricket-related activities. In March, Kundra did file a petition in Supreme Court challenging the ban.