Shilpa Shetty Categorically Denies Role in Alleged ₹60 Crore Fraud Case; Lawyer Clarifies 'Routine Verification'

Shilpa Shetty Categorically Denies Role in Alleged ₹60 Crore Fraud Case; Lawyer Clarifies 'Routine Verification'

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Bollywood actress Shilpa Shetty Kundra and her husband, businessman Raj Kundra have recently been the subject of intense media scrutiny following their association with an alleged ₹60 crore fraud case. Amidst swirling rumours and reports of raids, the actress has taken a firm stand, issuing a strong denial of any involvement in fraudulent activities, a position robustly supported by her legal team.

No Income Tax 'Raid,' Clarifies Advocate

The most immediate point of clarification came from Shilpa Shetty's advocate, who issued an official statement addressing reports that suggested a raid had been conducted at the actress's residence.

"On behalf of my client Mrs Shilpa Shetty Kundra I can confirm that there is no Income Tax 'Raid' of whatsoever nature against my client," the statement read. Instead, the lawyer clarified the development as merely a "routine verification" by Income Tax officials pertaining to follow-up with the client.

Shilpa Shetty denies cheating charges in Rs 60 crore fraud case, says she  has 'fully cooperated' | Entertainment News – India TV

Furthermore, the legal statement issued a stark warning against the dissemination of misinformation: "Whomsoever has mischievously claimed in public domain that these developments have anything to do with the alleged Economic Offence Wing case shall face legal consequences... At the cost of repetition my client Mrs Shilpa Shetty Kundra states that there is no income tax 'RAID' at her place."

Strong Denial and Faith in the Judicial System

The legal team’s clarification followed a comprehensive denial issued earlier by Shilpa Shetty herself through a post on her social media account. The actress unequivocally challenged the mounting speculation surrounding the case, which stems from a complaint alleging that funds invested in a company linked to the couple were misappropriated.

"We categorically deny the baseless and motivated allegations being circulated," she stated. The post emphasized that the issues were being "given a criminal colour without any lawful basis." Highlighting their legal recourse, the statement added: "A quashing petition has already been filed before the high court and is pending adjudication. Having fully cooperated with the investigation, we are sanguine that justice will prevail and have complete faith in the law enforcement authorities and the judicial system of our country."

Developments Linked to Restaurant Chain

The controversy has also seen parallel developments linked to the upscale restaurant chain, Bastian, of which Shilpa Shetty is a co-owner. Reports initially circulated that Income Tax officials’ visit was connected to the restaurant brand. This came shortly after the Bengaluru Police filed a case against the city’s Bastian Garden City outlet for allegedly operating beyond permitted hours.

Despite these multiple strands of inquiry—from the EOW case to the business-related compliance checks—Shilpa Shetty and her legal counsel have maintained that the actress has no criminal liability and is cooperating fully with the authorities, urging the media to exercise restraint as the matter remains sub judice.
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