The probe company additionally raided different people allegedly concerned within the case.
Mumbai:
Businessman Raj Kundra’s home and workplaces had been raided at this time by the Enforcement Directorate (ED) at this time as a part of a cash laundering probe associated to the manufacturing and distribution of pornographic content material by way of cellular apps.
Mr Kundra, the husband of Bollywood actress Shilpa Shetty, has been below the ED’s lens for months, following allegations that he was a key participant in a scheme that monetised specific content material streamed by way of the now-defunct ‘Hotshots’ software. The app, beforehand accessible on platforms like Apple and Google Play, was eliminated after public and authorized scrutiny.
The probe company additionally raided different people allegedly concerned within the case. The operation is believed to have unearthed monetary hyperlinks pointing to the laundering of proceeds generated from the specific content material streamed by way of cellular platforms.
Mr Kundra’s authorized battles are usually not new. In 2021, he was arrested by Mumbai police in a associated case involving obscene materials and was later launched on bail.
The ED can also be probing his alleged involvement in a crypto-ponzi scheme spearheaded by Amit Bhardwaj, the mastermind behind the Achieve Bitcoin rip-off. Earlier this 12 months, the ED hooked up belongings value Rs 98 crore belonging to Mr Kundra and Ms Shetty, claiming they had been acquired utilizing proceeds from illicit actions, together with the Achieve Bitcoin rip-off.