Mumbai: Raj Kundra, a businessman and the husband of Bollywood actress Shilpa Shetty has been summoned for questioning by sleuths from the Enforcement Directorate.
The ANI reported the development citing sources who revealed Kundra's name cropped up during investigation into the Gain Bitcoin scam.
At the moment, there is speculation whether the Enforcement Directorate is looking to question Kundra for involvement or for losses in the Rs 2000 crore scam. Communication from the agency is awaited to confirm the other details.
The scam masterminded by Amit and Vivek Bhardwaj, referred to as Bhardwaj brothers, involves duping investors in Multi-Level-Marketing and bitcoin related schemes to the tune of over Rs 2000 crore. The Bhardwaj brothers were nabbed in April after multiple failed arrests.
Kundra's wife, Shilpa Shetty had apparently tweeted in 2017 about adding a book to her reading list. Interestingly the actress had tagged Amit Bhardwaj the mastermind behind the Gain Bitcoin fraud.
— SHILPA SHETTY KUNDRA (@TheShilpaShetty) July 7, 2017
Nearly 8000 people have been reportedly cheated by various dubious investment plans from companies headed by the Bhardwaj brothers. The total size of the scam is estimated to run over Rs 2000 crores.
Vivek and Amit hailing from Shalimar Bagh area in Delhi were the founders of companies - Gain Bitcoin, GB Miners, and GB21. These companies were fronts for bitcoin mining, trading and multi-level marketing, cops say .
Investors were lured into investing in Gain Bitcoin through several multi-level marketing concepts. At one time Amit, who has been alleged to be the mastermind, also launched his own cryptocurrency flavour called MCAP.
Apparently Amit Bhardwaj , the younger among the brothers was an ex-Infosys associate. Multiple sources claimed that their father was working with the Finance ministry, and that inspired Amit to have a keen interest in economics.
As the heat from investors surged, the Bhardwaj brothers left the country. An Enforcement Directorate lookout notice helped find them - first in Dubai then in Thailand.
The duo would have been nabbed in Dubai had it not been for Amit reportedly faking a heart attack. The heart attack helped the Bhardwaj brothers time their escape to Thailand.
By April, the major arrests in the Bhardwaj case were that of Pankaj Adalakha, a motivational speaker and Akash Sancheti, a software firm operator. The investigation authorities had recovered 32 bitcoins, nearly 80 Ethers, and Rs 38.96 lakh in cash.