Shreyas Talpade accused of duping villagers in multi-crore scam
What's the story
Bollywood actor Shreyas Talpade has once again found himself in a controversy—this time involving a multi-crore financial scam.
Talpade has been accused of duping villagers in Mahoba, Uttar Pradesh, through a chit fund run by the Loni Urban Multistate Credit and Thrift Cooperative Society Limited.
According to reports, he has been named in the defaulters list for his role in the fraudulent scheme.
The company's agents had reportedly promised villagers high investment returns, luring hundreds into their trap.
Scheme details
Villagers promised high returns, company fled with money
According to IANS, the company had assured villagers that their funds would double quickly.
But after collecting crores from gullible villagers, it allegedly shut shop and vanished from the district.
The fraud had been running in Mahoba for over a decade before coming to legal notice.
A case has been filed against Talpade and 14 others at the Srinagar police station, and an investigation is underway.
Previous cases
Talpade's history with fraud accusations
This isn't the first time Talpade is facing allegations of fraud.
Earlier, an FIR was filed against him and fellow actor Alok Nath in Uttar Pradesh for duping investors of over ₹9cr.
The actors, along with five members of a credit cooperative society, were named in a case of fraudulent activities at Gomti Nagar Police Station in Lucknow.
Talpade and Nath were also involved in a similar case in Sonipat, Haryana, in a multi-level marketing fraud.
No response
Talpade's legal team has remained silent on allegations
The Sonipat controversy has been linked to a cooperative society which had been seeking investments for six years, promising high returns.
The two actors reportedly promoted the society's investment schemes, giving them the credibility to run the fraudulent operation.
Despite these serious allegations, Talpade's legal team has remained silent, and the actor's response is awaited.