timc magazine

Shilpa Shetty's hubby Raj Kundra under ED's radar for a cryptocurrency scam!

by Unik Dhandhi, Tuesday, June 05, 2018

The Enforcement Department (ED) of Mumbai has booked businessman Raj Kundra related to a cryptocurrency scam. Police sources revealed that they noticed several suspicious transactions from Kundra's associates.

Raj Kundra has been summoned on the account of cryptocurrency scam

As per the sources, Kundra has been summoned by the ED department for questioning. Dhadkan star Shilpa Shetty's husband arrived at the ED zone 2’s south Mumbai office on Tuesday morning; he is likely to be questioned for several hours.

As per a senior ED officer who demands anonymity, many actresses had promoted Kundra's scheme through promotional videos which may lead to a connection into Bollywood.

A complex, decentralised digital asset which is being operated using blockchain technology, cryptocurrency is unregulated and illegal in India. And as per the police complaint, the accused, Amit Bharadwaj and his brother Vivek Bharadwaj, founders of GainBitcoin Company, cheated more than 8,000 investors of around Rs 2,000 crore between June 2017 and January 2018 through a cryptocurrency scheme, wherein they assured attractive returns on investments made in cryptocurrency. The duo was arrested in Pune on April 5.

Both the accused brothers have been arrested by the police who are gathering evidences for getting to the roots of it.


We do not spam our users

  • - Health & Lifestyle -

    8 Native dishes to try for experiencing the true Indian cuisine

    15th of August or Independence Day is of great sentimental and historic value for the citizens of India. Nation of colors and festivals, India marks its Independence on 15th of August which is recorde..

  • - E-News -

    Here's everything to know about Salman Khan's most controversial reality show Bigg Boss 12!

    India’s most controversial reality show Bigg Boss is the most popular show of Indian Television, owing to its format, content and host superstar Salman Khan. Bigg Boss 12 is soon going on air with a..

  • - E-News -

    Priyanka receives beau Nick Jonas & family at airport for their engagement party!

    According to latest updates, Priyanka Chopra and Nick Jonas' engagement party is confirmed on this Saturday. The American singer arrived at Mumbai airport on Friday night with his family. Interestingl..

  • - E-News -

    Gold and Satyamev Jayate's net Independence Day collection is worth bragging out!

    On 15th of August, Akshay Kumar's most anticipated movie Gold and john Abraham's patriotic project Satyamev Jayate released. Both the movies had strong ethical scripts and a patriotic message embedded..