MUMBAI: The Enforcement Directorate (ED) recorded the observation of actor Shilpa Shetty’s husband businessman Raj Kundra for 8 hours on Tuesday in a money laundering case towards Amit Bhardwaj, accused in a cryptocurrency rip-off.
Bharadwaj allegedly cheated 8,000 folks of Rs 2,000 crore with a cryptocurrency-based Ponzi scheme.
On Tuesday, ED officials referred to as Kundra to their Ballard Estate administrative center and wondered him, but declined to elaborate. Sources stated they were looking to ascertain if Kundra was once a cyrptocurrency investor or was once helping Bhardwaj in money laundering.
Most of Bhardwaj’s sufferers are from the state, many from Mumbai and Pune. Bharadwaj (35) and his brother Vivekkumar (31), who based Gain Bitcoin, were taken into custody at New Delhi soon after their arrival from Bangkok within the first week of April. Subsequently the ED registered a money laundering case towards the duo.
While inspecting Bhardwaj’s transactions, ED officials came across Kundra’s title, a supply stated.
Kundra stated he has no involvement within the rip-off and was once referred to as by the ED as a witness towards Bhardwaj. In a observation, Kundra stated, “This is to clarify that I have no involvement or connection within the Bitcoin rip-off whatsoever. I was summoned by the ED merely as a witness. An inquiry is underway and I'm cooperating with the law enforcement company as Bhardwaj is an acquaintance and protocol is being followed. Bharadwaj was once to shop for a team within the poker league and got into a contract with us. But due to non-payment, his contract was once terminated. I have come as a witness to the similar.”
The Kundra-promoted Viaan Industries launched Match Indian Poker League remaining yr. During an examination of Bhardwaj’s monetary transactions, ED came to understand that there have been circumstances the place money were exchanged between him and a firm associated with Kundra. Sources say he didn’t make investments any money through Bhardwaj.
The govt has cautioned traders to be wary of virtual currencies reminiscent of Bitcoin, pronouncing they are continuously Ponzi schemes and not using a criminal tender or coverage.
Bharadwaj allegedly cheated 8,000 folks of Rs 2,000 crore with a cryptocurrency-based Ponzi scheme.
On Tuesday, ED officials referred to as Kundra to their Ballard Estate administrative center and wondered him, but declined to elaborate. Sources stated they were looking to ascertain if Kundra was once a cyrptocurrency investor or was once helping Bhardwaj in money laundering.
Most of Bhardwaj’s sufferers are from the state, many from Mumbai and Pune. Bharadwaj (35) and his brother Vivekkumar (31), who based Gain Bitcoin, were taken into custody at New Delhi soon after their arrival from Bangkok within the first week of April. Subsequently the ED registered a money laundering case towards the duo.
While inspecting Bhardwaj’s transactions, ED officials came across Kundra’s title, a supply stated.
Kundra stated he has no involvement within the rip-off and was once referred to as by the ED as a witness towards Bhardwaj. In a observation, Kundra stated, “This is to clarify that I have no involvement or connection within the Bitcoin rip-off whatsoever. I was summoned by the ED merely as a witness. An inquiry is underway and I'm cooperating with the law enforcement company as Bhardwaj is an acquaintance and protocol is being followed. Bharadwaj was once to shop for a team within the poker league and got into a contract with us. But due to non-payment, his contract was once terminated. I have come as a witness to the similar.”
The Kundra-promoted Viaan Industries launched Match Indian Poker League remaining yr. During an examination of Bhardwaj’s monetary transactions, ED came to understand that there have been circumstances the place money were exchanged between him and a firm associated with Kundra. Sources say he didn’t make investments any money through Bhardwaj.
The govt has cautioned traders to be wary of virtual currencies reminiscent of Bitcoin, pronouncing they are continuously Ponzi schemes and not using a criminal tender or coverage.
Raj Kundra questioned in cryptocurrency scam
![Raj Kundra questioned in cryptocurrency scam]()
Reviewed by Kailash
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June 06, 2018
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