Prakash Raj Gets Clean Chit In ₹100-Crore Ponzi Scam Case Linked To Tamil Nadu-Based Jeweller

Prakash Raj Gets Clean Chit In ₹100-Crore Ponzi Scam Case Linked To Tamil Nadu-Based Jeweller

Actor Prakash Raj was linked to an alleged Rs 100-crore ponzi case against a Tiruchirappalli-based jewellery group.

Sachin TUpdated: Friday, December 15, 2023, 06:12 PM IST
article-image

On Friday, December 15, Prakash Raj, who was earlier was linked to an alleged Rs 100-crore ponzi and fraud case against Tamil Nadu's Tiruchirappalli-based jewellery group Pranav Jewellers. Now, the Singham actor has gotten a clean chit in the case.

Prakash took to his X, formerly known as Twitter and wrote, "For those who don’t understand Tamil. BREAKING NEWS:-Official announcement of the Investigation team. Actor prakash raj is not involved in any ponzi scam of tamilnadu s Pranav jewellers.. 🙏🏿🙏🏿🙏🏿I thank everyone who trusted me and stood by me .. #SathyamevaJayathe #justasking."

Check it out:

Reportedly, Prakash was the brand ambassador of Pranav Jewellers and was earlier summoned by the Enforcement Directorate (ED) in the case.

In an official statement earlier, ED said, “Searches also revealed that the supplier parties in the books of Pranav Jewellers were entry providers, who during the investigation confessed to have provided adjustment or accommodation entries to Pranav Jewellers for amounts over ₹100 crores; and also confessed to have given cash to the accused persons in lieu of bank payments."

“During the searches, various incriminating documents, unexplained cash of Rs 23.70 lakh, bullion and gold jewellery weighing 11.60 kg was seized,” the ED said.

On the work front, Prakash Raj will be seen next in Guntur Kaaram, Devara - I, OG and Pushpa 2: The Rule.

He was last seen in the Malayalam film, Kunjamminis Hospital alongside Indrajith Sukumaran, Nyla Usha, Prakash Raj, Baburaj, Sarayu Mohan, Mallika Sukumaran, among others.

RECENT STORIES

Bade Miyan Chote Miyan: Akshay Kumar, Tiger Shroff's Mast Malang Jhoom Resembles RRR's Naatu Naatu

Bade Miyan Chote Miyan: Akshay Kumar, Tiger Shroff's Mast Malang Jhoom Resembles RRR's Naatu Naatu

Video: Dulquer Salmaan Gets Mobbed By Hundreds Of Fans At Lucky Baskhar Sets In Hyderabad

Video: Dulquer Salmaan Gets Mobbed By Hundreds Of Fans At Lucky Baskhar Sets In Hyderabad

Inside Ananya Panday's 1-BHK Mumbai Home: From Walk-In Closet To Large Balcony

Inside Ananya Panday's 1-BHK Mumbai Home: From Walk-In Closet To Large Balcony

'Inko Bada Problem Hota Hai': Shahid Kapoor Opens Up On Not Being Accepted In Bollywood

'Inko Bada Problem Hota Hai': Shahid Kapoor Opens Up On Not Being Accepted In Bollywood

Actress & Former BJP MP Jaya Prada Goes 'Absconding' Amid Violation Of Code Of Conduct Cases

Actress & Former BJP MP Jaya Prada Goes 'Absconding' Amid Violation Of Code Of Conduct Cases