Bollywood actor shilpa shetty and her husband, businessman raj Kundra, have once again found themselves in the middle of a controversy—this time over allegations of defrauding a Mumbai-based businessman of a staggering ₹60 crore. The case is linked to their now-defunct venture, Best Deal tv Pvt Ltd, an online shopping platform where Shetty reportedly held more than 87% shares.
Businessman deepak Kothari has claimed that between 2015 and 2016, he transferred over ₹60.48 crore to the couple under a loan-cum-investment agreement, with the assurance that his money would be returned on time. According to him, not only was the money never repaid, but it was allegedly diverted to personal expenses.
The complaint details that Kothari first transferred ₹31.95 crore in april 2015, followed by another ₹28.54 crore in instalments until march 2016. shilpa shetty even gave a personal guarantee in april 2016, but resigned from her directorial position later that year. Soon after, the company faced insolvency proceedings, leaving Kothari in the dark. His repeated requests for repayment were allegedly ignored, leading him to file a case of forgery and cheating. Initially lodged at Juhu police Station, the case was later transferred to the Economic Offences Wing (EOW), given the high financial stakes. While the couple has denied the allegations as “baseless and malicious,” the investigation is ongoing.
As the case unfolds, the allegations have drawn sharp reactions online. Many have questioned the financial ethics of celebrities who often project glamorous images while being embroiled in questionable business dealings. One netizen summed up the frustration with biting sarcasm, remarking that this couple seems to have “different goals”—from cheating people to betting scandals and even the infamous porn controversy. For shilpa shetty and raj Kundra, it seems public memory is long, and the internet never misses a chance to connect the dots—with a touch of dark humor.
Businessman deepak Kothari has claimed that between 2015 and 2016, he transferred over ₹60.48 crore to the couple under a loan-cum-investment agreement, with the assurance that his money would be returned on time. According to him, not only was the money never repaid, but it was allegedly diverted to personal expenses.The complaint details that Kothari first transferred ₹31.95 crore in april 2015, followed by another ₹28.54 crore in instalments until march 2016. shilpa shetty even gave a personal guarantee in april 2016, but resigned from her directorial position later that year. Soon after, the company faced insolvency proceedings, leaving Kothari in the dark. His repeated requests for repayment were allegedly ignored, leading him to file a case of forgery and cheating. Initially lodged at Juhu police Station, the case was later transferred to the Economic Offences Wing (EOW), given the high financial stakes. While the couple has denied the allegations as “baseless and malicious,” the investigation is ongoing.
As the case unfolds, the allegations have drawn sharp reactions online. Many have questioned the financial ethics of celebrities who often project glamorous images while being embroiled in questionable business dealings. One netizen summed up the frustration with biting sarcasm, remarking that this couple seems to have “different goals”—from cheating people to betting scandals and even the infamous porn controversy. For shilpa shetty and raj Kundra, it seems public memory is long, and the internet never misses a chance to connect the dots—with a touch of dark humor.
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