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Raj Kundra Summoned by ED in Pornography and Money Laundering Investigation

The businessman faces allegations of monetizing explicit content through a mobile app and is cooperating with the ongoing probe into financial crimes and a cryptocurrency scam.

Overview

  • Raj Kundra has been summoned by the Enforcement Directorate (ED) for questioning as part of a money laundering probe linked to the production and distribution of pornographic content via the 'Hotshots' app.
  • The ED conducted raids at 15 locations, including Kundra's Juhu residence and offices, uncovering evidence of financial transactions and alleged coercion of actors into creating explicit content.
  • Kundra is also under investigation for his alleged involvement in a cryptocurrency ponzi scheme, with assets worth ₹98 crore previously attached by the ED.
  • In a statement, Kundra denied the allegations, claimed he was being made a scapegoat, and criticized media outlets for involving his wife, Shilpa Shetty, in unrelated matters.
  • Shilpa Shetty's lawyer has clarified that she has no connection to the case, calling reports of ED raids at her residence misleading and urging media to respect her privacy.