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Entertainment EYE JULY 30, 2021 | The Indian Eye 36

raj Kundra case gets bigger with Bitcoin,

money-laundering and insider-trading angle

Kundra, 45, was arrested by the Mumbai Police late on July 19 along with 11 other people
on charges related to alleged creation of pornographic films

Our Bureau alias Yash Thakur, who was the
owner of the app ‘Neuflix’ has
Mumbai written to the Mumbai Police

hile investigating the requesting to defreeze his bank
porn film case, Mum- accounts which have been seized
Wbai Police Crime with around Rs 6 crore.
Branch has found a hidden cup- The Crime Branch officials
board in actor Shilpa Shetty’s said that Shrivastava has been
husband and businessman Raj asked to appear before the
Kundra’s Viaan and JL Stream Mumbai Police and join the in-
office in Mumbai’s Andheri vestigation. “Rowa Khan, Geh-
during searches. na Vashisth and Tanveer Hash-
“Crime Branch has found a mi were the production team
hidden cupboard in business- for Raj Kundra (Hotshots) and
man Raj Kundra’s Viaan and Yash Thakur (Neuflix) both the
JL Stream office in Mumbai’s apps,” he said.
Andheri during searches in Raj Kundra being taken to Killa Court from the Property Cell Unit office in In relation to the pornogra-
connection with a pornography a case related to the production of pornographic films, in Mumbai (left); phy racket case, Mumbai Crime
case,” Mumbai Police informed. actress Shilpa Shetty who is still not cleared by the police in the case (ANI) Branch on Sunday had directed
As per sources, Raj Kundra will to seize two State Bank accounts
soon face money laundering and a penalty of Rs 3 lakh on Hun- (a) and 7(2)(b) of SEBI (Prohi- of businessman and actor Shilpa
Foreign Exchange Management gama 2 actor Shilpa Shetty Kun- bition of Insider Trading) Regu- Shetty’s husband Raj Kundra at
Act (FEMA) cases against him dra, her businessman husband lations, 2015,” SEBI order said. Kanpur, said State Bank Of In-
as Enforcement Directorate Raj Kundra alias Ripu Sudan In another development, dia officials.
(ED) is likely to register cases Kundra and their company Mumbai Crime Branch on As many crores of Rupees
under these Acts against him. Viaan Industries for violation of Tuesday said that actor Shilpa had been deposited in these
Kundra, 45, was arrested by its Insider Trading rules. Shetty has not yet been given a two bank accounts, added the
the Mumbai Police late on July As per the SEBI order, the clean chit in the pornography SBI officials. After the bank
19 along with 11 other people fine has been imposed on Kun- racket case where her husband accounts were seized on Sun-
on charges related to alleged dra, Shetty and their company and businessman Raj Kundra is day, there was another matter
creation of pornographic films for a delay of three-year in the the prime accused. According to related to Kundra that came
and was placed in police custody mandatory disclosure to stock officials, forensic auditors have to light. Arvind Srivastava ran
till July 23. Currently, the case exchanges. The market regula- been appointed to investigate the production company of Raj
involves alleged creation of por- tor said the penalty has to be paid the transactions in all the ac- Kundra and the money was be-
nographic films and publishing jointly and severally by Kundra counts of the people involved in ing transferred to Arvind Srivas-
them through some apps. and Shetty, who are promoters the case. “Shilpa Shetty has not tava’s wife Harshita, informed
Kundra has been named as of Viaan Industries. “Securities been given a clean chit yet. All the sources.
the key conspirator by the Mum- and Exchange Board of India the possibilities and angles are Meanwhile, four employees
bai Police which has slapped had conducted an investigation being probed. Forensic auditors of businessman and actor Shil-
charges against him under Sec- into the trading/dealings in the have been appointed and they pa Shetty’s husband Raj Kundra
tions 420 (cheating), 34 (common scrip of Viaan Industries Limited are looking into the transactions have turned witnesses against
intention), 292 and 293 (related (formerly known as Hindustan of all the accounts in this case. him in the pornography racket
to obscene and indecent adver- Safety Glass Industries Limit- This audit may take some time case, informed Mumbai Police
tisements and displays) of the ed), during the period Septem- as it is a lengthy process but until sources on Sunday.
Indian Penal Code (IPC) besides ber 01, 2013, to December 23, the audit is complete, no clean They further added that
relevant sections of the IT Act 2015. Pursuant to the investiga- chit to anyone,” the officials said. these employees have furnished
and the Indecent Representation tions, it was observed that Ripu The officials also mentioned the entire information about
of Women (Prohibition) Act. Sudan Kundra, Shilpa Shetty that actor Sherlyn Chopra has the working of the racket to the
Meanwhile, the Securities Kundra and Viaan Industries been called to provide a state- property cell of the Mumbai
and Exchange Board of India Ltd had allegedly violated the ment as a witness in the case. Crime Branch, increasing trou-
(SEBI) on Wednesday imposed provisions of Regulations 7(2) Meanwhile, Arvind Shrivastava ble for Kundra.

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