fraud investigation
Enforcement Directorate Seizes Rs 1,400 Crore in Assets from Anil Ambani in Ongoing Money Laundering Investigation
Nov 20, 2025 02:35 pm CST
The Enforcement Directorate has attached additional assets worth Rs 1,400 crore belonging to Reliance Group chairman Anil Ambani in a money laundering investigation. This latest action brings the total seized assets to approximately Rs 9,000 crore, with the provisional attachment order issued under the Prevention of Money Laundering Act for properties across various regions of India.
Shilpa Shetty Withdraws International Travel Request Amid Ongoing Rs 60-Crore Fraud Investigation
Oct 16, 2025 11:58 pm CST
Actress Shilpa Shetty has withdrawn her petition seeking permission to travel abroad as the Bombay High Court examines a Rs 60-crore fraud case involving her and husband Raj Kundra. The couple faces allegations from businessman Deepak Kothari claiming they diverted his investment in Best Deal TV Pvt Ltd for personal use. The main petition challenging their Look Out Circular will be heard on November 17.
Reliance Power CFO Arrested by ED in Rs 68 Crore Bank Guarantee Fraud Investigation
Oct 16, 2025 08:05 pm CST
The Enforcement Directorate has arrested Ashok Kumar Pal, Executive Director and CFO of Reliance Power Limited, in connection with an alleged Rs 68 crore fake bank guarantee case. Pal has been placed in judicial custody following extensive questioning, with Reliance Power claiming to be a victim of third-party fraud while distancing Anil Ambani from the matter. The arrest follows broader ED investigations into Reliance Group companies.
Mumbai Police Uncovers Rs 15 Crore Transfer from Raj Kundra to Shilpa Shetty's Company in Fraud Investigation
Sep 25, 2025 02:42 pm CST
Mumbai Police's Economic Offences Wing has discovered that businessman Raj Kundra transferred Rs 15 crore to a company owned by actress Shilpa Shetty as part of their investigation into an alleged Rs 60 crore fraud case involving the defunct Best Deal TV. Officials are questioning the nature of this substantial payment and expect to summon both Kundra and Shetty for further questioning.
Mumbai Police Records Raj Kundra's Statement In Rs 60-Crore Cheating Case
Sep 16, 2025 12:00 am CST
Mumbai police's Economic Offences Wing (EOW) on Monday recorded the statement of Bollywood actor Shilpa Shetty's husband and businessman Raj Kundra in connection with a Rs 60-crore cheating case, officials said.