Actress, Shilpa Shetty and her husband, Raj Kundra, found themselves in rough waters after they were booked by the Economic Offences Wing (EOW) for allegedly cheating a Mumbai-based businessman. According to reports, the couple cheated the 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. However, amid the chaos, Shilpa and Raj’s lawyer has reacted to the whole fiasco.
Shilpa Shetty and Raj Kundra’s lawyer, advocate Prashant Patil, reacts to the fraud allegations
On August 14, 2025, Shilpa Shetty and Raj Kundra’s lawyer issued a statement sharing the couple’s side of the matter. Advocate Prashant Patil informed the media that the allegations against his clients are completely false. He added that the statements being shown are old and from a time when the company was in financial distress. He stated:
“My clients have been informed by a certain segment of electronic and print media that there is an alleged case registered against my clients at the Economic Offence Wing, Mumbai. At the outset, my clients deny all the allegations against my clients, which are purely civil in nature and have been adjudicated by the NCLT Mumbai on 04/10/2024. This is an old transaction, wherein the company went into financial distress and eventually got entangled in a long legal battle at the NCLT.”
