Actress Shilpa Shetty responded to the cheating allegations leveled against her and husband Raj Kundra. They have allegedly committed cheated an investor in a gold purchase scheme.

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Shilpa responded to the allegations and said, “All these allegations made by Sachiin Joshi are completely false and baseless. At Satyug Gold, each and every client’s orders have been fulfilled in time. We have even deposited 1kg gold for which Sachiin Joshi is yet to pay the demurrage charges legally applicable.

“Not many know, we also have a cheque bouncing case in court against this serial defaulter. If we didn’t wish to give him the gold, we would not have it deposited it in court. The court has now appointed an arbitrator where we have presented the charges that are due and clearly mentioned on the invoice and website. The truth will be out real soon,” she said.

Shilpa’s husband Raj Kundra had made the same claim earlier.

He said in a statement, “It is to state that the claims made by the so-called NRI or Gutka Baron’s son (as the media terms him) namely Mr. Sachin Joshi is totally false and frivolous. I would like to clarify the news doing the rounds and blatantly picked up by other news agencies without verifying the facts with other parties involved.

“This act of Mr. Sachin Joshi is yet another attempt to malign and tarnish my image and reputation in the country. He has made several attempts before earlier so this is nothing new.”

Sachin Joshi is a non-resident Indian. He complained to the Khar police that he had been cheated by Satyug Gold Pvt Ltd, a gold trading company led by Shetty and Kundra. As per the complaint, he had bought around a kilo of gold for Rs 18.58 lakh from the company in a gold scheme in March 2014. He was offered a five-year plan according to which he was offered a gold card and promised a specific amount of gold redeemable at the end of the term. However, Joshi said that he found the company had closed when he tried to redeem the card.