Shilpa Shetty’s Husband Raj Kundra Summoned By ED Court In ₹150 Crore Money-Laundering Case
Businessman Raj Kundra, husband of Bollywood actor Shilpa Shetty, has been summoned by a special court in Mumbai in connection with an alleged cryptocurrency fraud and money-laundering case linked to the GainBitcoin scheme.
The summons was issued after the court took cognisance of a supplementary chargesheet filed by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA). Kundra has been asked to appear before the court on January 19, 2026.
The court has also summoned Dubai-based businessman Rajesh Ram Satija, citing their alleged roles in the case.
In its order, the court observed that a prima facie case exists to proceed against the accused under the provisions of the PMLA.
This development marks a fresh turn in a case that has been under investigation for several years and has affected thousands of investors across India.
Raj Kundra, Shilpa Shetty To Be Summoned Over Rs 15 Crore Alleged Fraudulent Transfer
The case is linked to the GainBitcoin cryptocurrency scheme, which allegedly promised high returns through Bitcoin mining but later collapsed.
The scheme was reportedly run by the late Amit Bhardwaj, who investigators say was the main architect of the operation.
According to probe agencies, investors were lured with assurances of guaranteed profits, but the promised returns never materialised, leading to large-scale financial losses.
As per the ED’s chargesheet, Raj Kundra is alleged to have received proceeds of crime amounting to 285 Bitcoins from Bhardwaj. At the time of assessment by the agency, the value of these digital assets was estimated to exceed ₹150 crore.
The ED has claimed that the Bitcoins were directly linked to money generated through the alleged scam and that Kundra failed to provide a satisfactory explanation regarding their legitimate source.
Investigators have further alleged that Kundra’s role was not limited to that of a passive recipient. The ED has described him as a “beneficial owner” of the assets, suggesting deeper involvement in the financial arrangements surrounding the scheme.
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The agency has also flagged a real estate transaction involving five flats in Mumbai’s upscale Juhu area, which are reportedly registered in the name of Shilpa Shetty.
According to the ED, the properties were sold at prices significantly lower than market value, raising suspicions of an attempt to legitimise alleged proceeds of crime.
Earlier, reports had also mentioned allegations of a separate ₹60 crore fraud involving Kundra and Shetty, claims that the couple has strongly denied.
In a statement, Kundra said that the allegations are baseless and are being given a criminal colour without legal grounds. He added that a quashing petition has already been filed before the High Court and is currently pending.
