raj kundra, shilpa shetty, shilpa shetty husband

On Thursday, actor Shilpa Shetty and her husband Raj Kundra grabbed the headlines for another controversy. Reportedly, the Enforcement Directorate (ED) has seized assets belonging to the Bollywood couple worth Rs 98 crores. With this, we have made a list of the top controversies of Raj Kundra that shocked the internet.

Top controversies of Shilpa Shetty Kundra’s husband Raj Kundra

IPL Betting Controversy

Shilpa Shetty and Raj Kundra had ownership of the Rajasthan Royals IPL team. However, Raj Kundra was investigated by the Delhi Police for suspected involvement in illegal betting. On 6 June 2013, Delhi Police claimed Kundra had admitted to placing bets on his team through a bookie friend. Subsequently, the management of the Rajasthan Royals team announced that Kundra would be suspended. Followed with his shares in the team would be revoked if he was found guilty of the charges of betting. As a result, he was suspended from the IPL by the BCCI on 10 June 2013.

Raj Kundra pornography case

Shilpa Shetty Kundra’s husband Raj Kundra was arrested by Mumbai Police on July 19, 2021. He was arrested for his alleged involvement in the production and distribution of pornographic content via an app called Hotshots. He was booked under relevant sections of the Indian Penal Code and the Information Technology Act. Kundra was in jail for nearly 2 months before being granted bail on September 21.

Sebi’s Notice to Raj Kundra

The Securities and Exchange Board of India (SEBI) has imposed a monetary penalty on Shilpa Shetty, her husband Raj Kundra, and Viaan Industries Ltd for failing to disclose certain information and violating insider trading regulations. As per the SEBI order, a total fine of Rs 3 lakh has been imposed on them to be paid jointly and severally. Shilpa and Ripu are the promoters of Viaan Industries.

ED freezes Raj Kundra’s assets

The Enforcement Directorate (ED) has seized assets belonging to actress Shilpa Shetty Kundra and her entrepreneur husband Raj Kundra. According to reports, the ED has attached properties owned by the couple worth Rs 98 crore, under the provisions of the Prevention of Money Laundering Act (PMLA) 2002. As per Zee News India, the seized properties of Raj Kundra and Shilpa Shetty are valued at Rs 97.79 crore. This includes a luxurious bungalow in Pune, a residential flat in Juhu registered under Shilpa’s name, and equity shares in Kundra’s name. The case relates to the misuse of investor funds through the digital currency, Bitcoin.

Raj Kundra was questioned by ED

Back in October 2019, Raj Kundra was questioned by the Enforcement Directorate (ED) due to his deal with a real estate agent Ranjeet Bindra who was arrested in a money laundering case. After being interrogated for several hours, Raj told TOI in a statement, “I have provided whatever information ED required. My only deal with Ranjeet Bindra was acquiring a 50% stake in Bastian Hospitality. What his links are and what past transactions he has done were never known to me. As a management decision we have initiated the process to remove him as director of the company whilst the issue is in court.”

Also read: Shilpa Shetty reacts to trolls calling her ‘gold digger’ for marrying Raj Kundra: I’m richer now

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