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ED Files Money Laundering Case against Bollywood Actress Husband!
By: Tupaki Desk | 19 May 2022 8:49 AM GMT
Popular businessman and Bollywood actor Shilpa Shetty's husband Raj Kundra went through a long and tough year in 2021 with the alleged adult film row. After getting arrested, he was sent to jail and he got a big relief after the Bombay High Court granted him bail. He spent around two months in jail in connection with the alleged racket.
At a time when almost everyone forgot the issue and Raj Kundra is still hiding from the media attention, the alleged racket case has hit the headlines with the economic intelligence agency Directorate of Enforcement stepping in and filing a money laundering case against Raj Kundra.
As there were reports in the past that the alleged adult film racket made money in big numbers and the money did not come into accounts, the ED reportedly wants to explore the area to see if there is any money laundering angle in the case. It was also said earlier that foreign money might also be involved in this.
Reports say that the money laundering case was filed against Raj Kundra based on the First Information Report which was filed against him by the Mumbai Police who probed the matter earlier.
Keeping it in simple terms, money laundering is a process that is using money that is coming in illegal means from the foreign banks and foreign people. This is prohibited in India as people who are using money from foreign should mention it in their IT returns or else they have to face the heat.
Recently, we have heard stories about how a few Bollywood actors came on the radar of the ED. The likes of Yami Gautam were under the radar as they received notices from the ED in connection with the alleged money laundering case. In a similar fashion, ED slapped Raj Kundra with a money laundering case.
Raj Kundra was arrested by the Mumbai Police in connection with a racket that is into filming and selling adult films. After the racket was busted, the investigation guided the officers to Raj Kundra. With this, he was arrested and produced before the court.
At a time when almost everyone forgot the issue and Raj Kundra is still hiding from the media attention, the alleged racket case has hit the headlines with the economic intelligence agency Directorate of Enforcement stepping in and filing a money laundering case against Raj Kundra.
As there were reports in the past that the alleged adult film racket made money in big numbers and the money did not come into accounts, the ED reportedly wants to explore the area to see if there is any money laundering angle in the case. It was also said earlier that foreign money might also be involved in this.
Reports say that the money laundering case was filed against Raj Kundra based on the First Information Report which was filed against him by the Mumbai Police who probed the matter earlier.
Keeping it in simple terms, money laundering is a process that is using money that is coming in illegal means from the foreign banks and foreign people. This is prohibited in India as people who are using money from foreign should mention it in their IT returns or else they have to face the heat.
Recently, we have heard stories about how a few Bollywood actors came on the radar of the ED. The likes of Yami Gautam were under the radar as they received notices from the ED in connection with the alleged money laundering case. In a similar fashion, ED slapped Raj Kundra with a money laundering case.
Raj Kundra was arrested by the Mumbai Police in connection with a racket that is into filming and selling adult films. After the racket was busted, the investigation guided the officers to Raj Kundra. With this, he was arrested and produced before the court.
