Shilpa Shetty-Raj Kundra Break Silence On Rs 90 Lakh Gold Scheme Fraud For The FIRST Time- READ REPORTS

Shilpa Shetty and Raj Kundra’s advocate Prashant Patil has released a statement on the Rs 90 lakh Gold Scheme Fraud case the couple was embroiled in

1571 Reads |  

Shilpa Shetty-Raj Kundra Break Silence On Rs 90 Lakh Gold Scheme Fraud For The FIRST Time- READ REPORTS
Actress Shilpa Shetty and her businessman husband Raj Kundra found themselves in the midst of controversy in 2022 when a bullion trader Prithviraj Saremal Kothari filed a complaint against them and their associates. According to the complaint, he had alleged that they orchestrated a scheme called ‘Satyug Gold’ and enticed investors by promising them lucrative returns on gold investments regardless of market fluctuations. The complaint led to Mumbai Sessions Court to order a thorough investigation into the allegations.

1

Now, about two years later, Shilpa and Raj’s advocate Prashant Patil has released a statement stating that haven’t “committed any offence.” The official statement also revealed that they will be fighting legally and cooperating with investigation agencies for the same. The statement read, “The complainant had moved a criminal complaint against my clients Raj Kundra and Shilpa Shetty in the year of 2022. This complaint was thoroughly investigated by the police in the year of 2022 by adopting the due process of law.” ALSO READ: Shilpa Shetty-Raj Kundra Faces Fraud Allegations Worth A WHOPPING Rs 90 Lakh! Court Orders Probe

“After thorough investigation, it was found that the complainant had infact received the entire alleged amount of Rupees 90 lacs through legitimate means of payment. My clients bonafidely submitted these documents to the police department. After finding out the truth of the matter, the police delivered justice to my clients. Post this enquiry, the complainant opted to file a private complaint under sec 156(3) CrPC before the Honourable Court,” the statement added. ALSO READ: Shilpa Shetty Birthday Special: 5 Times The Bollywood Diva Proved That Fitness Can Be Fun

The advocate went on to share that after 2 years the Honourable Court directed the police to investigate case again. The statement went on to read, “We have complete faith in the independence and fairness of the investigation. The truth shall prevail. My clients have not committed any offence and it has been established through documents in possession of my clients. The invoice between the complainant and my clients, clearly reflect that there is an Arbritation clause in the said contract.”


“If the complainant has any grievance about the alleged “interest amount” the clause of Arbritation can certainly be invoked. However, the act of initiating criminal proceedings for settling commercial disputes has been deprecated by plethora of judgements of Honourable Supreme Court and various Honourable High Courts of our country. My clients shall fight this battle legally and shall cooperate with the investigation agencies. My clients reserve their right to sue the complainant for malicious proceedings, at the right stage of the proceedings,” the statement concluded.
Image Source: Instagram