(Image source from: orissapost.com)
While Shilpa Shetty and Raj Kundra have been in the headlines because of their new born baby via surrogacy recently, the couple are now not in the limelight for the right reasons. In recent reports, an NRI businessman filed complaint against the couple for allegedly cheating investors under the Gold Card Scheme.
Satyug Gold Pvt. Ltd., which was started by the couple was what had the scheme that everyone is primarily very pissed about.
The NRI businessman, Sachin Joshi came forward and lodged a complaint against Shilpa Shetty and Raj Kundra for allegedly cheating him under the scheme that they had under their gold trading company when they were directors.
The complaint has been lodged at the Khar Police Station in Mumbai with the accusations of cheating, fraud and other charges against the couple and the involved officials with the Satyug Gold Pvt. Ltd.
According to the reports from the victim, Joshi says that under the 5-year gold plan under the Satyug Gold Scheme, the buyer was offered with a Satyug gold card at a discounted rate followed by a redeemable amount of gold after a fixed tenure of time.
According to the statements issued by Raj Kundra, it stated saying, “an investor who bought a certain sum of gold at the then-current rates with full advance payment will be entitled to ‘Satyug gold card’, that can be redeemable in stages with attractive discounts–15% after two years, 26% after three years, 30% after four years and 37% after five years.”
A spokesperson of Joshi stated in a statement that he purchased 1kg of gold Rs 18.58 lacs in March 2014 which were redeemable on March 25, 2019 at the promised discounts under the scheme. According to the deal, Joshi should have gotten a return of INR 44 lacs on his purchase after the maturity.
When Joshi went to redeem his return on the investment, he found that the office of the fund in Mumbai had been shut completely and no employees were found around.
Following his enquiry, Joshi was informed that the SGPL office had been shifted long back to Shalimar Morya Park in Andheri West. Upon visiting the new office, he was told that the prior address that Joshi was talking about is not even the real office of SGPL. This was what he was responded with every single time.
Following the hassle, Joshi’s representative later met the company official later in November 2019 wherein he was told to come back at a later date as many other claims were worked upon to be settled. He was asked to come back on December 2019.
Later after researching, Joshi found that both Shilpa Shetty and Raj Kundra had resigned from the position in 2016 and 2017 respectively. This further enunciated the fact that Joshi might have been amidst a case of fraudulency.
Joshi further stated saying, “It became clear from all these facts that SGPL was a fraudulent entity being used to run the fake ‘Satyug Gold Scheme’ using the name of celebs like Shilpa Shetty. I have suffered a loss of Rs 18.58 lakh on my gold investment.”
By Somapika Dutta