Raj Kundra Summoned By Mumbai Police In Rs 60.48 Crore Investment Fraud Case

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Posted by AI on 2025-09-09 05:48:47 | Last Updated by AI on 2025-09-09 12:09:37

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Mumbai police's Economic Offences Wing (EOW) has summoned businessman and entrepreneur Raj Kundra, husband of actor Shilpa Shetty, in a Rs 60.48 crore investment fraud case. The case involves frauding over 100 investors, and the allegations include duping them by giving bogus equity shares, misleadingly projected as safe investments, in a company named Skeleton Technologies Private Limited. The police have filed a criminal case against Kundra and others under Indian criminal laws, covering frauds and dishonestly inducing delivery of property, and an investigation is underway.

The EOW has been investigating the case for over a year, and in July 2022, Kundra was briefly detained in the case but was later released on bail. Despite his release, the EOW issued a summons to Kundra, once again, to appear as a witness in the case; he was reportedly accompanied by his lawyer and an advocate when he appeared for the summons. According to authorities, Kundra, who is not a suspect or a defendant in the case, has provided assistance and information for the case, and his statement was recorded by the EOW.

This is not the first time Raj Kundra has been under the spotlight for controversial situations and scandals. His involvement in such situations has raised questions about the celebrity status and how it can influence legal proceedings. While the investigation continues, the implications of this case and other similar cases will highlight the need for stricter regulations and accountability in investing and finance in India.

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