Shilpa Shetty and Raj Kundra are stuck in legal soup yet again. This time, it's an Enforcement Directorate, aka ED.
ED has seized Raj Kundra's property worth Rs. 97 crore, including Shilpa Shetty's Juhu flat, in a bitcoin money laundering case.
The properties include his residential bungalow situated in Pune, a residential flat in Juhu, which is presently under the name of his wife, Shilpa Shetty, and his equity shares.
The ED took action in the ongoing Bitcoin Ponzi scam and seized the properties under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The bitcoins is under ED's radar for cheating people with false promises of a 10 percent per month return in the form of bitcoins.