ED summons Prakash Raj in ₹100 crore ponzi scam linked to Pranav Jewellers
Prakash Raj, famous actor, film director and producer, has been summoned by the Enforcement Directorate (ED) for questioning in connection with a money laundering case linked to an alleged ₹100 crore ponzi and fraud case against Tiruchirapalli-based Pranav Jewellers, PTI reported on Thursday. The summons followed a probe against Pranav Jewellers, a partnership firm, whom the ED had raided on November 20 under the provisions of the Prevention of Money Laundering Act (PMLA) and claimed to have seized "unexplained" cash of ₹23.70 lakh and some gold jewellery.
The 58-year-old actor has been a brand ambassador for this company. He has been asked to depose before the ED in Chennai next week.
The ED has indicated that Prakash Raj's summoning is part of the broader investigation into the alleged bogus gold investment scheme floated by Pranav Jewellers, India Today reported citing sources. "Exciting news! Mint is now on WhatsApp Channels
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