Money laundering case filed against Raj Kundra

Mumbai : Enforcement Directorate (ED) registered a money laundering case against Actor Shilpa Shetty’s husband and businessman Raj Kundra in connection with the production and circulation of pornography films.
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.
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.
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.
This way the money earned from porn films used to come into the account of Kundra’s company circulating through the UK.