Actresses Tamannaah Bhatia and Kajal Aggarwal are connected to a cryptocurrency fraud investigation involving a Coimbatore firm. Authorities are questioning their roles due to their attendance at events hosted by the company, which defrauded investors across several states. Key suspects Nitish Jain and Arvind Kumar have been arrested, while others remain at large.
Actresses Tamannaah Bhatia and Kajal Aggarwal, two of South Indian cinema’s biggest stars, have been linked to an ongoing cryptocurrency fraud investigation. According to M9, the Puducherry police plan to question them regarding their association with a Coimbatore-based company accused of duping investors with false promises of high returns. The firm, which launched in 2022, allegedly scammed individuals out of several crores, leading to widespread financial losses. Tamannaah attended the company’s grand launch event, while Kajal participated in a corporate gathering where top investors were showered with luxury gifts. Additionally, the scam extended to an extravagant cruise party in Mumbai, where investors were further enticed to contribute more funds. Reports indicate that victims include at least ten individuals from Puducherry who lost Rs 2.4 crore collectively, while a retired government employee suffered a staggering loss of Rs 40 crore.
Following multiple complaints, authorities launched a large-scale probe, resulting in the arrest of two key suspects, Nitish Jain and Arvind Kumar. The fraud spanned several states, including Delhi, Odisha, Maharashtra, Karnataka, Andhra Pradesh, and Kerala. Investigators uncovered that the scammers used fake online accounts to siphon funds, while another accused, Imran Pasha, was apprehended by Raipur police in a related case. Despite these arrests, some suspects remain at large, and efforts are ongoing to track them down.
Given Tamannaah and Kajal Agarwal’s presence at the company’s events, authorities seek to determine whether they were simply endorsing the firm or had deeper financial ties. Investigators are delving into the large-scale nature of the scam and how it managed to deceive so many investors. As the case garners nationwide attention, authorities are committed to exposing the full extent of the fraud and ensuring those responsible face justice.
News Credits: Times of India
