Mumbai: The Enforcement Directorate (ED) has registered a money laundering case against businessman and Actor Shilpa Shetty’s husband Raj Kundra in connection with the production and circulation of pornography films.
In February 2021, the police raided a bungalow at Madh Island in Malad and busted an alleged porn film-making racket. After a detailed investigation, police named Kundra in the case and arrested him. Subsequently Kundra was released on bail. In his bail plea, Kundra had said that the investigation was “motivated” and there was clear proof that he was not involved in any offence even in the remotest way.
ED sources said Kundra formed a company named Arms Prime Media Limited in February 2019 and developed an app named ‘Hotshots’. Hotshots app was later sold to a UK based company Kenrin.
Notably, the CEO of Kenrin, a UK based company, is Pradeep Bakshi, who is actually Raj Kundra’s brother-in-law.
Sources further said that the Hotshots app was actually a platform for porn movies, which were made in India and uploaded on the Hotshots app to offer subscriptions. The amount of money earned through the subscribers was transacted in the name of Kundra’s company Viaan Industries.
Further, for the maintenance of the Hotshots app, Kundra’s company Viaan Industries had tied up with Kenrin and for this, the transaction of crores of rupees was made to 13 bank accounts of Viaan, sources said. This way the money earned from porn films used to come into the account of Kundra’s company circulating through the UK.