Shilpa Shetty’s husband, Raj Kundra, has recently made headlines due to his suspected connection to a money laundering case. In a recent social media post, he expressed his sentiments of feeling disrespected. This news has sparked significant attention and discussion in the media and amongst the public.
Raj Kundra remains defiant after the Enforcement Directorate seizes his assets worth ₹97.79 crore under the Prevention of Money Laundering Act, 2002. Taking to Instagram, he expresses confidence in the legal process, asserts innocence, and vows full cooperation with authorities alongside his wife, Shilpa Shetty. Raj stays composed, optimistic, and believes that the truth will ultimately come to light.
Shilpa Shetty has not responded to the latest updates in the money laundering case. However, on Thursday evening, she was seen with her mother visiting her friend, actor Salman Khan, at his Mumbai home after the recent shooting incident outside his house.
Raj Kundra’s team responded to the Enforcement Directorate’s action of attaching his properties by sharing a statement through their counsel, Prashant Patil, who represents Shilpa Shetty and Raj. According to ANI, Prashant emphasized that the couple remains committed to following the legal processes diligently.
To ensure the protection of the liberty and property of his clients, he mentioned that they would adhere to the due process of law under the Prevention of Money Laundering Act. It was emphasized that there is no prima facie case against Mr. Raj Kundra and Mrs. Shilpa Shetty Kundra.
He said, “We trust the legal system completely. I am confident that when we present our case sincerely to the Enforcement Directorate, even the investigating authorities will provide us with justice. We believe in a fair inquiry and are dedicated to working with the authorities whenever necessary.”
Raj Kundra’s case involves an investigation by the Enforcement Directorate (ED) regarding a Bitcoin Ponzi scam. This scam allegedly swindled people by promising high returns on investments in Bitcoin but actually kept the funds in hidden online wallets.
As per the ED, Raj Kundra was given 285 Bitcoins by Amit Bhardwaj, the main person behind the scam, to establish a Bitcoin mining farm in Ukraine. These Bitcoins were said to be acquired through illegal activities involving cheated investors. Although the mining farm project didn’t materialize, Kundra is accused of still holding these 285 Bitcoins, which are worth approximately ₹150 crore.