EOW Traces Rs 15 Crore Transfer to Shilpa Shetty’s Firm, Actress to Face Questioning in Rs 60 Crore Fraud Case

Bollywood actress Shilpa Shetty and businessman Raj Kundra have once again found themselves in the middle of a legal storm, as Mumbai Police’s Economic Offences Wing (EOW) deepens its probe into an alleged Rs 60 crore fraud case. In the latest development, investigators have traced a suspicious transfer of Rs 15 crore from Raj Kundra to Shilpa Shetty’s company, prompting officials to summon the actress for questioning.

According to reports, the EOW is currently examining the nature of the funds and the purpose for which they were routed. The authorities are particularly focused on clarifying whether the transactions were related to billing and advertising expenses, as stated in the company’s documents, or if they were used elsewhere. Some of the funds were allegedly routed to sister companies, and key documents have not yet been provided, leaving investigators with more questions than answers.

This development follows a complaint filed by businessman Deepak Kothari, director of Lotus Capital Financial Services Ltd, who accused Shilpa and Raj of cheating him of more than Rs 60 crore. Kothari alleged that between 2015 and 2023, the celebrity couple accepted funds under the pretext of expanding their business but later diverted them for personal use. His complaint set the legal machinery in motion, with EOW registering a case and beginning a detailed investigation.

Shilpa and Raj, through their legal counsel Advocate Prashant Patil, have categorically denied the allegations. Patil issued a statement earlier clarifying that the matter was purely civil in nature and had already been adjudicated by the National Company Law Tribunal (NCLT) in October 2024. He stated that the company went through a financial crisis that led to legal disputes and insisted that there was no element of criminal fraud involved.

Raj Kundra has also maintained his stance publicly, asserting that he and Shilpa have not committed any wrongdoing. He has called the allegations unfounded and expressed confidence that the truth would emerge once the legal process is complete. However, with the EOW continuing to dig deeper into financial records, the case has now gained renewed attention and is being closely followed by the media and public.

For Shilpa Shetty, who has largely stayed away from controversies in recent years and focused on her fitness ventures and film projects, this summons marks another chapter of legal scrutiny. As the investigation progresses, the actress is expected to appear before the EOW to record her statement and provide the necessary documentation. Whether this clears the air or leads to more complications remains to be seen, but one thing is certain — this high-profile case is far from over and will keep making headlines in the coming weeks.