Suresh Raina quizzed in illegal betting app case. 10 questions ED asked him
Apart from Raina, the app was promoted by former cricketers Harbhajan Singh and Yuvraj Singh, and actors Sonu Sood and Urvashi Rautela and several social media influencers.Around 22 crore people use various betting apps across India, out of which 11 crore are regular users. The online betting market in India is now worth over USD 100 billion, and is growing 30% every year.As per estimates, top betting apps are evading Rs 27,000 crore in taxes every year.- EndsMust Watch
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News18
31 minutes ago
- News18
Shilpa Shetty Shares FIRST Post Amid Rs 60 Crore Cheating Case, Chants 'Jai Hind'
Last Updated: On Thursday, Shilpa Shetty and her husband Raj Kundra were booked by the Economic Offences Wing (EOW) for allegedly cheating a Mumbai-based businessman of Rs 60.4 crore. Hours after Shilpa Shetty and her husband Raj Kundra were accused of cheating a Mumbai-based businessman of Rs 60 crore, the actress has now shared a new post on her Instagram stories. On Friday morning, Shilpa took to her social media handle and dropped a video from the sets of Super Dancer Chapter 5. In the clip, Shilpa was seen wishing everyone on Independence Day as she was also joined by her co-judges Geeta Kapur and Marzi Pestonji. The three, along with the contestants on the show, also cheered 'Jai Hind' in the video. In the caption of her post, Shilpa also wrote, 'Saare Jahan Se Accha, Hindustan Hamara". Shilpa Shetty, Raj Kundra Accused Of Cheating On Thursday, Shilpa Shetty and her husband Raj Kundra were booked by the Economic Offences Wing (EOW) for allegedly cheating a Mumbai-based businessman of Rs 60.4 crore in connection with a loan-cum-investment deal. Another unknown person was also charged in connection with the incident. The complainant, Deepak Kothari, has alleged that the couple defrauded him of over Rs 60 crore, which involved Shetty and Kundra's now-defunct company, Best Deal TV Pvt Ltd. According to Kothari, he invested the amount between 2015 and 2023 under the pretext of expanding a business, but the money was allegedly misused for personal expenses. EOW is now investigating the case. Shilpa Shetty, Raj Kundra Call Allegations 'Baseless' After the complaint, Shilpa Shetty and Raj Kundra's lawyer denied the allegations, saying they were purely civil in nature and had been adjudicated by the NCLT Mumbai on October 4, 2024. 'This is an old transaction, wherein the company went into financial distress and eventually got entangled in a long legal battle at the NCLT. There is no criminality involved, and our auditors have submitted all the necessary supporting documents from time to time, as requested by the EOW, including detailed cash flow statements," said advocate Prashant Patil. 'The investment agreement in question is purely in the nature of an equity investment. The company has already received a liquidation order, which has also been placed before the police department. The concerned Charter accounts have visited the police station for the last one year for more than 15 times with all the evidence supporting the claims of my clients," the lawyer added. Patil called the case 'baseless and malicious", which was aimed at maligning Kundra and Shetty. He also said appropriate action is being initiated from their side against the perpetrators. First Published: August 15, 2025, 12:16 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Pink Villa
37 minutes ago
- Pink Villa
Shilpa Shetty and her husband Raj Kundra booked for cheating of Rs 60 crore: Case explained
Actress Shilpa Shetty and her husband, Raj Kundra, have been at the center of several controversies over the years. The couple is now grabbing headlines for a cheating case filed against them. A Mumbai-based businessman recently filed a police complaint alleging that they cheated him of over Rs 60 crore. Here's what the case is all about. Shilpa Shetty and Raj Kundra booked for a cheating case On Wednesday, the Economic Offences Wing (EOW) of Mumbai Police registered a case against Shilpa Shetty and her husband Raj Kundra for allegedly cheating a Juhu businessman of over Rs 60 crore. The FIR was registered against Shilpa and Raj Kundra in Juhu police station under Section 403 (dishonest and misappropriation of property), Section 406 (criminal breach of trust) and Section 34 (common intention), Indian Express reported. Here's what the case is all about In his compliant, Deepak Kothari, who is the director of Lotus Capital Financial Services, has alleged that he was cheated of Rs 60.48 crore in a loan-cum-investment deal with the couple. Shilpa Shetty and Raj Kundra reportedly wanted to take a business loan for their company, Best Deal TV Pvt Ltd, a now-dissolved home shopping and online retail platform in 2015. Shetty held a majority stake (87.61 per cent of the shares) in the company. The couple initially sought a Rs 75 crore loan with a 12 percent interest rate for business expansion. Businessman transferred Rs 60.48 crore to the couple In the FIR, Kothari alleged that he was persuaded to route the funds as an "investment" to avoid higher taxes. He initially transferred Rs 31.95 crore in April 2015 and Rs 28.53 crore in September 2015, for a total of ₹60.48 crore. The amount was allegedly credited to Best Deal TV's HDFC bank accounts. The couple also paid a stamp duty of Rs 3.19 lakh. After giving a personal guarantee, the 50-year-old actress resigned as a director of the company in September 2016. Kothari later discovered insolvency proceedings had been initiated against Best Deal TV in 2017 for defaulting on another agreement. The businessman further alleged that the couple used the funds for personal benefit and he made repeated attempts to recover the money. Shilpa Shetty and Raj Kundra's lawyer react to the case Meanwhile, Shilpa Shetty and Raj Kundra's lawyer Prashant Patil has issued a statement denying all the allegations. "This is nothing but a baseless and malicious case aimed at maligning our clients, and appropriate action is being initiated from our side against the perpetrators," he said in a statement. "There is no criminality involved and our auditors have submitted all the necessary supporting documents from time to time, as requested by the EOW, including detailed cash flow statements," his statement further read. Stay tuned to Pinkvilla for more updates.
News18
an hour ago
- News18
Police given absolute power to act in cases of crimes against women: Odisha CM
Agency: Bhubaneswar, Aug 15 (PTI) Odisha Chief Minister Mohan Charan Majhi on Friday said he has given 'absolute power" to the police to take action against those involved in crimes against women. Addressing the Independence Day function at the Mahatma Gandhi Marg in Bhubaneswar, Majhi said his government will not hesitate to bring a special legislation to 'completely end" organised crimes. 'People who are involved in crimes against women have no place in society, they must be in jail. Therefore, I have given absolute power to the police to take necessary actions in such cases," he said after hoisting the national flag. Majhi said nobody, how influential he may be, will be spared if he is involved in crimes against women. The statement came as the state reported a slew of crimes against women, with the opposition raising questions on the law and order situation. 'The law and order situation of the state is more or less under control. However, we have to strengthen and make it more effective," he said. Noting that intoxication was one of the major factors behind the rise in crimes, Majhi said that he has directed the police to against such activities. 'The government will take all measures to firmly control 'goodaraj'. The process of identification of criminals has already started," he said. 'In order to completely end organised crimes, the state government will not hesitate to bring special legislation. Extortion and other such activities are completely illegal and those will be considered as organised crimes and dealt with firmly," he said. Majhi said his government was committed to making colleges and universities safe for women by implementing initiatives like 'Shaktishree'. He maintained that women's empowerment is not just a slogan for his government. 'We have provided financial assistance to over 1 crore women through 'Subhadra Yojana'. Women have been able to become small entrepreneurs by utilising the assistance. The state has so far produced 17 lakh 'lakhpati didis'," he said. Majhi said the state's commitment to women's empowerment is evident from the 2025-26 annual budget, in which allocations of Rs 89,861 crore have been made for schemes in regard to this. Outlining the achievements of his government, the CM presented a roadmap for Odisha's development. He said the government has been working to strengthen education, healthcare, and infrastructure, with special focus on welfare of senior citizens. 'Under the Vaya Vandana scheme, medical benefits worth Rs 936 crore have been extended to people aged over 70," he said. Stating that industrialisation of all districts was a priority of his government, Majhi noted that the state will soon host a conclave to bring in investments in the pharmaceutical sector. He said plans are afoot to formulate new schemes for the empowerment of the youth. The CM said his government will continue to work for preserving and promoting the Odia identity. PTI AAM AAM SOM view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
