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Actor <keyword id="19915080" type="General" weightage="100" keywordseo="Shilpa-Shetty" source="keywords">Shilpa Shetty</keyword> and her businessman husband <keyword id="19895826" type="General" weightage="20" keywordseo="Raj-Kundra" source="keywords">Raj Kundra</keyword> have moved the <keyword id="19905533" type="General" weightage="20" keywordseo="Bombay-High-Court" source="keywords" meta.keywordsubtype="org" meta.entityname="Bombay High Court" meta.hostid="153" meta.entityid="Bombay High Court">Bombay High Court</keyword> challenging ED's notices directing them to vacate their house in Mumbai's <keyword id="19933318" type="General" weightage="20" keywordseo="Juhu" source="keywords">Juhu</keyword> area and a farmhouse in Pune in connection with a money-laundering case. The pleas came up for hearing on Wednesday before a division bench of Justices Revati Mohite Dere and Prithviraj Chavan. The court issued notice to the <keyword id="19895344" type="General" weightage="20" keywordseo="Enforcement-Directorate" source="keywords" meta.keywordsubtype="org" meta.entityname="Enforcement Directorate" meta.hostid="153" meta.entityid="Enforcement Directorate">Enforcement Directorate</keyword> (ED) and posted the matter for hearing on Thursday. Their petitions challenge ED notices dated September 27 issued to Shetty and Kundra directing them to evict their residential premises here and a farmhouse in Pune within ten days in connection with a money-laundering case linked to an alleged <keyword id="23486542" type="General" weightage="20" keywordseo="Bitcoin-fraud" source="keywords">Bitcoin fraud</keyword>. The couple's advocate Prashant Patil said that Shetty and Kundra received the <keyword id="20675198" type="General" weightage="20" keywordseo="eviction-notices" source="keywords">eviction notices</keyword> only on October 3. He termed the notices arbitrary and illegal and sought them to be quashed. According to the pleas, there is no grave urgency for the petitioners to vacate their premises and that the issuance of such eviction notices was uncalled for. "The petitioners are also seeking relief on humanitarian grounds as the premise in question is their residential premise in which they have been staying with their family of six members for almost two decades," the petitions said. The pleas also sought HC to stay the effect of the eviction notices. As per the pleas, the ED had in 2018 lodged a complaint against one <keyword id="21346793" type="General" weightage="20" keywordseo="amit-bhardwaj" source="keywords">Amit Bhardwaj</keyword> and others for an alleged Bitcoin fraud and on charges of <keyword id="19899231" type="General" weightage="20" keywordseo="money-laundering" source="keywords">money laundering</keyword>. Both Shetty and her husband have not been named as accused in the case. The ED, during its probe, had summoned Kundra for questioning on several occasions. Kundra had appeared before the agency after each summons, the pleas said. In April 2024, Shetty and Kundra received a notice based on an order passed by the ED provisionally attaching their assets including their residential premise in Juhu that had been purchased by Kundra's father in 2009. Both Shetty and Kundra submitted their response to the notice. "However, in contravention to the provisions of law, the adjudicating authority confirmed the provisional attachment order on September 18, 2024. This order clearly states that the attachment is confirmed only till the conclusion of trial and is subject to its outcome," the pleas said. "The petitioners (Shetty and Kundra) on October 3 received two notices dated September 27, 2024, directing them to vacate their residential premises and the farmhouse," the petitions said. The petitions said no eviction order/notice can be issued prior to conviction. The pleas added that their residential premise has no connection with the scheduled offence or any proceeds of crime. The petitions further claimed that Kundra had absolutely no connection with the alleged fraud.

Shilpa Shetty and Raj Kundra's money laundering case takes new turn as they challenge the ED's eviction notices

The <keyword id="6357808" type="General" weightage="20" keywordseo="enforcement-directorate" source="Orion">Enforcement Directorate</keyword> (ED) has attached immovable and movable properties worth Rs 97.79 crore belonging to Ripu Sudan Kundra aka <keyword id="18641" type="General" weightage="20" keywordseo="raj-kundra" source="Orion">Raj Kundra</keyword>, businessman, and husband of Bollywood actor <keyword id="6358615" type="General" weightage="20" keywordseo="shilpa-shetty" source="Orion">Shilpa Shetty</keyword>, under the provisions of Prevention of Money Laundering Act (PMLA), 2002. The attached properties include a residential flat in Juhu, which is in the name of Shilpa Shetty, another residential bungalow in Pune and equity shares in Raj Kundra's name. The financial probe agency had initiated an investigation based on multiple FIRs registered by Maharashtra Police and Delhi Police against Variable Tech Pte Ltd, Late Amit Bhardwaj, Ajay Bhardwaj, Vivek Bhardwaj, Simpy Bhardwaj, Mahender Bhardwaj and a number of MLM agents. It has been alleged that they had collected huge amounts of funds in the form of <keyword id="6395759" type="General" weightage="20" keywordseo="bitcoins" source="Orion">Bitcoins</keyword> (worth Rs 6,600 crore in 2017 itself) from the public with false promises of a 10 per cent per month return in the form of Bitcoins. The collected Bitcoins were supposed to be utilised for Bitcoin mining, and investors were to get huge returns in Crypto assets. "But the promoters cheated the investors and have been concealing the ill-gotten Bitcoins in obscure online wallets. The probe also revealed that Raj Kundra received 285 Bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi Scam, Amit Bhardwaj, for setting up a Bitcoin mining farm in Ukraine," ED said in a statement issued on Thursday. The said Bitcoins were sourced out of proceeds of crime collected by Amit Bhardwaj from gullible investors. "Since the deal didn't materialise, Kundra is still in possession and enjoyment of 285 Bitcoins which are presently valued at more than Rs. 150 Crore," said the ED official. During the investigation, multiple search operations were carried out in this case and three persons were arrested. "Simpy Bhardwaj was arrested on December 17, 2023, Nitin Gaur on December 29, 2023, and Nikhil Mahajan on January 16, 2023. All of them are presently in judicial custody as of date," said the official. However, the main accused Ajay Bhardwaj and Mahendra Bhardwaj are still absconding. Earlier, ED had attached properties worth Rs 69 crore. The Prosecution Complaint in this was filed on June 11, 2019, and the Supplementary Prosecution Complaint on February 14, 2024. "The Special PMLA court has taken cognizance of the same. Further investigation is under progress," the official added.

Bitcoin scam case: ED attaches assets worth over Rs 97 cr of Raj Kundra, Shilpa Shetty

The Indian Premier League (IPL) or popularly called ‘India ka tyohar’ has begun with the expected pomp and show. And with the <keyword id="2565794" type="UNKNOWN" weightage="20" keywordseo="IPL-8">IPL 8</keyword> on, many of us are cheering for our favourite teams before the idiot box. But while we enjoy this season, IPL also reminds us of the murky business that cricket has become. But has that deterred the game from being the nation’s favourite? 
 “Let’s not get carried away. Yes, some of the stuff is not right for the image of the game. But there has been controversy in sports since 1930s,” said <keyword id="201892" type="PERSON" weightage="20" keywordseo="Ravi-Krishnan">Ravi Krishnan</keyword>, the former managing director of IMG South Asia, who went on to become the co-founder and CEO of Stepathalon, a global wellness company. 
 
Substantiating his point, he asserted that the scam has hardly an impact on the game’s image. “Now when you say marred, there are more people, more viewership and more money in the game. So, where is the mar here?” averred Krishnan. 
 
Krishnan reaffirmed that the IPL controversy that happened in 2013, did not impact the sport enthusiast. He clarified that people still love the game and everything it stands for. “It brings more people to the game and the game is on an upward trajectory. I agree match-fixing is not good for the game but at present, the game is bigger than anything else,” he stated. 
 It is worth noting that in 2013, IPL was embroiled in a controversy when three players from Rajasthan Royals- <keyword id="13418" type="PERSON" weightage="20" keywordseo="S-Sreesanth">S Sreesanth</keyword>, <keyword id="219674" type="PERSON" weightage="20" keywordseo="Ankeet-Chavan">Ankeet Chavan</keyword> and <keyword id="1050075" type="PERSON" weightage="20" keywordseo="Ajit-Chandila">Ajit Chandila</keyword>, were arrested for spot fixing. Later, Gurunath Meiyappan, the team principal of Chennai SuperKings was also arrested on charges of betting. <keyword id="6358615" type="PERSON" weightage="20" keywordseo="Shilpa-Shetty">Shilpa Shetty</keyword>’s husband and co-owner of <keyword id="13808" type="COMPANY" weightage="20" keywordseo="Rajasthan-Royal">Rajasthan Royal</keyword>, Raj Kundra too confessed to be involved in betting. 
 
Image Credit: ipl8openingceremony.com

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Shilpa Shetty and Raj Kundra's money laundering case takes new turn as they challenge the ED's eviction notices

PTI

Bitcoin scam case: ED attaches assets worth over Rs 97 cr of Raj Kundra, Shilpa Shetty

IANS

IPL; Scams helped this game to become more popular

Purba Das

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