Tamannaah Bhatia, Kajal Aggarwal to be questioned in cryptocurrency scam
What's the story
Actors Tamannaah Bhatia and Kajal Aggarwal are reportedly going to be questioned by the Puducherry Police in a cryptocurrency fraud case.
The investigation concerns a Coimbatore-based company accused of duping investors across several states.
The firm—started in 2022—allegedly duped investors with false promises of high returns, resulting in huge financial losses worth several crores.
The police's interest in Bhatia and Aggarwal is due to their involvement in events organized by the accused company.
Celebrity connection
Actors' involvement in the scam under scrutiny
Per reports, Bhatia attended the firm's grand launch event, while Aggarwal was present at a corporate party where top investors were showered with expensive gifts.
The fraud also involved an extravagant cruise party in Mumbai to lure investors to invest more money.
After several complaints, authorities launched a massive investigation and arrested two prime suspects, Nitish Jain and Arvind Kumar.
Investigators found that the fraudsters used fake online accounts to divert money.
Ongoing probe
Investigation continues into actresses' potential financial ties
As the investigation continues, authorities are eager to know if Bhatia and Aggarwal were just endorsing the firm or had deeper financial involvement.
The large-scale nature of the scam and its ability to fool so many investors are also being looked into. The fraud spanned across multiple states, including Delhi, Odisha, Maharashtra, Karnataka, Andhra Pradesh, and Kerala.
Despite a few arrests, several suspects are still at large with efforts on to nab them.