Latest news with #ShreyasTalpade
NDTV
21-07-2025
- NDTV
Supreme Court Relief To Actor Shreyas Talpade In Multi-Crore Chit Fund Scam Case
New Delhi: The Supreme Court, in an interim order passed on Monday, granted protection from arrest to Bollywood actor Shreyas Talpade, following multiple FIRs filed against him in different states for allegedly duping people of crores through a chit fund scheme. A Bench of Justices BV Nagarathna and KV Viswanathan issued notices to the states of Haryana, Uttar Pradesh and Uttarakhand, as well as to the Centre and posted the writ petition filed by Shreyas Talpade - seeking direction to club multiple FIRs and transfer of the investigation to Lucknow- for further hearing on August 29. In the meantime, the Justice Nagarathna-led Bench ordered that no coercive steps would be taken against the petitioner in connection with the alleged fraud cases. Shreyas Talpade and other accused were allegedly running a company named 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited,' which promised villagers lucrative returns on their investments. Agents of the company lured hundreds of people by assuring them that their money would double in a short span. However, after collecting crores from unsuspecting villagers, the company reportedly shut down operations and fled. The fraudulent scheme had been operational in Mahoba for the past 10 years before coming under legal scrutiny. In February this year, an FIR was registered against Shreyas Talpade and actor Alok Nath in Uttar Pradesh for allegedly duping investors of over Rs 9 crore. Alok Nath and Shreyas Talpade, along with five members of a credit cooperative society, were booked in a fraud case at Gomti Nagar Police Station in Lucknow, Uttar Pradesh. Previously, they, along with 11 others, were implicated in a similar case in Sonipat, Haryana, connected to a multi-level marketing fraud. The controversy centres around a cooperative society that had been soliciting investments for six years, assuring high returns. Reportedly, Alok Nath and Shreyas Talpade had promoted the investment schemes of the society, lending credibility to the fraudulent operation.
Hindustan Times
21-07-2025
- Hindustan Times
SC protects actor Shreyas Talpade from arrest in marketing scam case
The Supreme Court on Monday granted protection from arrest to actor Shreyas Talpade in a case of cheating and breach of trust against a society. It has been alleged that they were its brand ambassadors and victims get lured to invest because of such personalities, said police.(HT File Photo) A bench of Justices B V Nagarathna and K V Viswanathan issued notice to Haryana Police and others on the actor's plea. Thirteen people, including actors and brand ambassadors Talpade and Alok Nath, were booked on the complaint of 37-year-old Sonipat resident Vipul Antil. Antil alleged both the actors "promoted the Human Welfare Credit Cooperative Society Ltd, as brand ambassadors". Additional Commissioner of Police, Murthal, Sonipat, Ajeet Singh said the complaint was against a multi-marketing company under investigated. About the two actors, the ACP had said, "It has been alleged that they were its brand ambassadors and victims get lured to invest because of such personalities. They were named in the complaint. An FIR has been registered. Now, it will be investigated what was their role." The FIR was registered on January 22 under Sections 316 , 318 and 318 of the Bharatiya Nyaya Sanhita, 2023, for various offences, including criminal breach of trust and cheating, on Antil's complaint. He alleged that the society committed a "serious crime of cheating the public through financial schemes". According to the complaint, the society was formed under the Multi-State Cooperative Societies Act and it started functioning in many states including Haryana from September 16, 2016. "Its main functions were to provide savings schemes like fixed deposit and recurring deposit. It presented itself as a trustworthy and safe financial institution and carried out massive publicity to attract and convince investors. The model was based on multi-level marketing, which rapidly increased the number of investors," it stated. Promising better returns, the society assured investors that their money would be safe and the maturity amount would be paid on time and claimed they did so initially for a few years, the complaint alleged. It further alleged that in 2023, the payment of maturity amount to the investors started getting disrupted and the "officials of the society kept trying to justify the delay by making the excuse of system upgradation". Antil claimed when investors and agents approached the society officials, they were given false assurances. "Gradually, the owners of the society ended all contact and the investors did not get their hard-earned money back..," he added
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Business Standard
21-07-2025
- Business Standard
SC protects Shreyas Talpade from arrest in Haryana marketing scam case
The Supreme Court on Monday granted protection from arrest to actor Shreyas Talpade in a case of cheating and breach of trust against a society. A bench of Justices B V Nagarathna and K V Viswanathan issued notice to Haryana Police and others on the actor's plea. Thirteen people, including actors and brand ambassadors Talpade and Alok Nath, were booked ont he complaint of 37-year-old Sonipat resident Vipul Antil. Antil alleged both the actors "promoted the Human Welfare Credit Cooperative Society Ltd, as brand ambassadors". Additional Commissioner of Police, Murthal, Sonipat, Ajeet Singh said the complaint was against a multi-marketing company under investigated. About the two actors, the ACP had said, "It has been alleged that they were its brand ambassadors and victims get lured to invest because of such personalities. They were named in the complaint. An FIR has been registered. Now, it will be investigated what was their role." The FIR was registered on January 22 under Sections 316 (2), 318 (2) and 318 (4) of the Bharatiya Nyaya Sanhita, 2023, for various offences, including criminal breach of trust and cheating, on Antil's complaint. He alleged that the society committed a "serious crime of cheating the public through financial schemes". According to the complaint, the society was formed under the Multi-State Cooperative Societies Act and it started functioning in many states including Haryana from September 16, 2016. "Its main functions were to provide savings schemes like fixed deposit and recurring deposit. It presented itself as a trustworthy and safe financial institution and carried out massive publicity to attract and convince investors. The model was based on multi-level marketing, which rapidly increased the number of investors," it stated. Promising better returns, the society assured investors that their money would be safe and the maturity amount would be paid on time and claimed they did so initially for a few years, the complaint alleged. It further alleged that in 2023, the payment of maturity amount to the investors started getting disrupted and the "officials of the society kept trying to justify the delay by making the excuse of system upgradation". Antil claimed when investors and agents approached the society officials, they were given false assurances. "Gradually, the owners of the society ended all contact and the investors did not get their hard-earned money back..," he added.
News18
21-07-2025
- News18
Shreyas Talpade Gets Interim Protection From Arrest In ‘Multi-Level Marketing' Scam Case
Last Updated: Shreyas Talpade gets interim protection from arrest by the Supreme Court in a multi-level marketing scam case; FIR includes charges of cheating, fraud. Shreyas Talpade has been granted interim protection from arrest in connection to the infamous cheating and multi-crore chit fund scam, on Monday, July 21, by the Supreme Court. The case involves charges of criminal breach of trust, cheating, and property transfer through deception. Along with Shreyas, veteran actor Alok Nath's name has also been mentioned. According to the latest update from the PTI agency, a bench comprising Justices B.V. Nagarathna and K.V. Viswanathan has asked the Haryana Police and other parties to respond to the petition Shreyas filed with the apex court, challenging the FIR registered against him. Earlier, the case was registered on January 22 under Sections 316(2), 318(2), and 318(4) of the Bharatiya Nyaya Sanhita. Ajeet Singh, Additional Commissioner of Police (ACP), Murthal, told ThePrint that the names of the two actors were included in the list of accused mentioned by the complainant in their statement to the police. Singh stated, 'The main complaint is against the society that is alleged to have duped people of their money by luring them to invest. We will have to investigate what role, if any, is ascribed to Shreyas Talpade and Alok Nath." Shreyas Talpade has been in the midst of controversy for a while now. After this complaint against him, he was named in a new multi-crore chit fund fraud case in Uttar Pradesh's Mahoba district. However, his team issued a three-part official statement to clear the air. 'It is deeply unfortunate that in today's world, a person's hard-earned reputation appears to be vulnerable to undue tarnishment by unfounded rumours. Recent reports alleging Mr. Shreyas Talpade's involvement in fraud or misconduct are completely false, baseless, and devoid of any merit whatsoever," a part of the statement read. On the work front, Shreyas Talpade was last seen in Kangana Ranaut's directorial Emergency. It is set during India's Emergency period from 1975 to 1977, a time marked by severe restrictions on civil liberties and press freedom. The film also features Milind Soman, Mahima Chaudhry, Anupam Kher, the late actor Satish Kaushik, Vishak Nair, and others, with a screenplay penned by Ritesh Shah. 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.
Time of India
21-07-2025
- Time of India
SC grants protection from arrest to Shreyas Talpade in marketing scam case in Haryana
The Supreme Court on Monday granted protection from arrest to actor Shreyas Talpade in a case of cheating and breach of trust against a society. A bench of Justices B V Nagarathna and K V Viswanathan issued notice to Haryana police and others on a plea filed by the actor. Explore courses from Top Institutes in Select a Course Category Others Degree Leadership Data Science Digital Marketing PGDM MCA others Data Science Project Management Cybersecurity Finance Design Thinking Public Policy Management Healthcare CXO MBA Product Management Artificial Intelligence Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details An FIR was registered against 13 people, including actors and brand ambassadors Talpade and Alok Nath, on a complaint of cheating and breach of trust against a society in Sonipat. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 1 minute and see why everyone is addicted. Undo Additional Commissioner of Police, Murthal, Sonipat, Ajeet Singh had said, the complaint was against a multi-marketing company which is being investigated.
