Shilpa Shetty seeks legal advice, calls complainant a fraud

Bollywood actor Shilpa Shetty took to Twitter on Monday to respond to the police case of fraud filed against her in Kolkata.

Declaring the complainant a 'fruad', Shilpa Shetty tweeted, "Crazy news! I dare this Manoj Jain 2submit proofs 2 his ridiculous claims .His 2minute Fame can't b @ the cost of my hard earned reputation. Seeking legal advice ..He's a defaulter &clearly a fraud going by his reputation.So annoying!"

Shilpa's husband Raj Kundra, who has also been named in the FIR, wrote on Twitter, "Ridiculous news about a habitual fraudster claiming fraud done against him hilarious! Courts & Cops need 2 C merit in case 1st. #defamation."

Manoj Jain is one of the board directors of MK Media Private Limited, the private company that has filed the complaint against Shilpa and Raj.

Kolkata police on Saturday lodged a case of fraud and initiated investigation against Shilpa and her industrialist husband Ripu Sudan Kundra (aka Raj Kundra) of Essential Sports private Ltd (a Mumbai based company). The FIR was based on a complaint by a private company accusing the duo had induced a private company in the city to invest sum of Rs 9 crore in their company with huge returns which was unfulfilled.

Police said that Shilpa Shetty and Ripu Sudan Kundra claimed themselves shareholders of Essential Sports and Private Limited with its office at Bandra in Mumbai and has allegedly duped an investment of Rs 9 crore from MK Media Private Limited with the inducement of 10 times return against the invested amount within 2 years. "The Kolkata based company had paid the amount through RTGC after 30 lacs equity shares of the Mumbai based company were allotted to the Kolkata based company. Subsequently the complainant company detected that all those shares are false," said an investigating officer of Shakespear Sarani police station.

Police have slapped sections 120B, 406, 418, 420, 388, 389, 506 of IPC in the case. The Kolkata based company had earlier filed a suit with the Calcutta High Court.