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BIG NEWS: Raj Kundra faces Money Laundering Case registered by ED

Bollywood Actor Shilpa Shetty’s husband and businessman Raj Kundra lands into trouble again as the ED has registered a money laundering case against him in connection with the production and circulation of pornography films. ED sources revealed to ANI said that Raj Kundra established a company named Arms Prime Media Limited in February 2019 and developed an app named Hotshots. Hotshots app was later sold to a UK based company Kenrin.

The UK Based Company Kenrin CEO is Pradeep Bakshi who is actually Raj Kundra’s brother in law. Also to maintain the app, Mr Kundra’s company Viaan Industries had tied up with Kenrin and for this, the transaction of crores of rupees was made to 13 bank accounts of Viaan, sources said.

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Sources revealed to ANI that the Hotshots app was supposed to be a platform for porn movies that were made in India and uploaded on the app to offer subscriptions. The revenue generated from this app was transferred to Kundra’s company Viaan Industries.

This way, Raj Kundra allegedly earned money from porn films. He was arrested on July 19, 2021, along with 11 other people on charges of the alleged creation of pornographic films. He spent around 3 months in jail and was given bail in September 2021. Since this news broke out, Raj Kundra has maintained a low profile and made sure his face is fully covered during public appearances.

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