Kolkata firm alleges Rs.9-crore fraud by Shilpa Shetty

Kolkata firm alleges Rs.9-crore fraud by Shilpa Shetty
Monday, March 23, 2015 13:08 IST
By Santa Banta News Network
A Kolkata-based company has filed a police complaint against Bollywood actress Shilpa Shetty alleging that it was fraudulently induced to invest Rs.9 crore in a company run by her, police said on Sunday.

Police have initiated a case against Shilpa and Ripu Sudan Kundra of Essential Sports and Media Private Limited following the complaint by M.K. Media Private Limited's additional director Debashis Guha.

"We have registered a case against Shilpa and her company on the charges of criminal breach of trust, cheating, extortion, criminal intimidation and criminal conspiracy," said Deputy Commissioner of Police Murli Dhar said.

According to the complaint, "Shilpa and others allegedly induced the complainant company to invest a sum of Rs.9 crore with the promise of 10 times return against the invested amount within two years".

The complainant company has also claimed that against the investment of Rs.9 crore, it was allotted 30 lakh equity shares which were subsequently reported to be bogus, said Dhar.

The Kolkata-based company earlier filed a civil suit before the Calcutta High Court, claiming refund of the Rs.9 crore it was "fraudulently induced" to invest in Shetty's company.

Sanjay Dutt calls The Bhootnii a perfect horror-comedy blend and reveals what made him come on board for the film!

Renowned for his intense performances and larger-than-life screen presence, Sanjay Dutt is set to

Friday, April 04, 2025
Sara Ali Khan Embraces Spirituality at Karnataka's Chandramauleshwara Temple!

Actress Sara Ali Khan, known for her elegance and grounded nature, once again showcased her deep spiritual

Friday, April 04, 2025
Tanya Maniktala reveals what makes her latest series Loot Kaand a compelling watch on Amazon MX Player!

Amazon MX Player, Amazon’s free streaming service, turned up the heat with its latest series, Loot Kaand, a

Friday, April 04, 2025
Shilpa Shetty emphasises perseverance as the key to success at Femina Circle's empowering debut in Pune!

Femina Circle, is an exclusive membership club designed for women to connect, foster meaningful

Friday, April 04, 2025
Badshah Gets Emotional Remembering Sidhu Moose Wala During 'Indian Idol 15' Finale!

The grand finale of ‘Indian Idol Season 15’ turned emotional as rapper and music sensation Badshah

Friday, April 04, 2025
ADVERTISEMENT
ADVERTISEMENT