Enforcement Directorate (ED), the intelligence agency responsible for fighting economic crimes in India, is questioning many celebs with regards to their involvement in a $300 million cryptocurrency scam, led by now-imprisoned entrepreneur Amit Bharadwaj.
The entrepreneur set up a series of Bitcoin mining firms such as Gain Bitcoin, GB Miners, and MCAP, promising a 10 times return for investors. Needless to say, none of these exuberant high-return promises saw daylight; instead, investors ended up losing money.
Bhardwaj was arrested in April by Indian police. After interrogating him, police is now reportedly questioning people linked to him and his firms. The first to fall under this investigative radar is the British businessman Raj Kundra. Kundra was questioned for eight continuous hours by ED.
ED found several transactions made between Bharadwaj and one of Kundra’s firms prompting them to dig further.
Kundra has however denied all allegations of being involved in the scam. He told TOI:
“This is to clarify that I have no involvement or connection in the Bitcoin scam whatsoever. I was summoned by the ED merely as a witness. An inquiry is underway and I am cooperating with the law enforcement agency as Bhardwaj is an acquaintance and protocol is being followed. Bharadwaj was to buy a team in the poker league and got into a contract with us. But due to non-payment, his contract was terminated. I have come as a witness to the same.”
Another name on the list is Sunny Leone, the adult film star turned Bollywood actress.
The rest of the list also features film actresses that any Bollywood fan can recognize in a jiffy: Prachi Desai, Aarti Chabria, Sonal Chauhan, Karishma Tanna, Zareen Khan, Neha Dhupia, Huma Qureshi, Nargis Fakhri, and Kundra’s wife Shilpa Shetty.
Image via GQ India