Veteran actor Prakash Raj has been named in a shocking Rs 100 crore Ponzi scam that was done by a jeweler brand named Pranav Jewelers.
Pranav Jewelers had fled with Rs 100 crores following a mega investment scheme through which they took money from the common public in return for gold.
The company then fled with the public’s money and didn’t respond to the investigative authorities. As a result, the Enforcement Directorate has approached Prakash Raj who operated as the main brand ambassador for the company.
ED has summoned Prakash Raj to appear in front of them for further investigation and he is expected to abide by the same starting soon.
The company duped the common public of crores of money. Now, it has to be seen how Prakash Raj will handle the investigation.