City
Epaper

Shreyas Talpade’s team issues statement after he is named in financial fraud case

By IANS | Updated: March 28, 2025 17:56 IST

Mumbai, March 28 Actor Shreyas Talpade’s team has issued an official statement in the light of him being ...

Open in App

Mumbai, March 28 Actor Shreyas Talpade’s team has issued an official statement in the light of him being named in a multi-crore chit fund scam.

They have rubbished the reports of the actor being named in the scam, and have termed the actor’s involvement in fraud or misconduct as completely false and baseless.

The actor’s team said in the statement, “It is deeply unfortunate that in today's world, a person's hard-earned reputation appears to be vulnerable to undue tarnishment by unfounded rumours. Recent reports alleging Mr. Shreyas Talpade's involvement in fraud or misconduct are completely false, baseless and devoid of any merit whatsoever. As a public figure, Mr. Talpade, like many other celebrities, is frequently invited to various corporate and annual events, which he attends as and when possible”.

The team said that beyond such appearances, the actor has no association whatsoever with the company in question.

“Needless to say, Mr. Talpade has no nexus whatsoever with any fraudulent or unlawful acts as are being alleged and/or circulated. We urge everyone to verify facts before spreading misinformation and request that Mr. Talpade's name be kept away from these baseless rumors. Mr. Talpade is a law abiding citizen who remains committed to maintaining the highest standards of integrity, honesty and professionalism in all of his endeavours”, he added.

On Thursday, Shreyas found himself facing fresh legal trouble as a new fraud case was registered against him and 14 others in Uttar Pradesh. The chit fund scam reportedly operated in Mahoba district of Uttar Pradesh for over a decade.

Earlier, it was reported in the media that a company called The Loni Urban Multistate Credit and Thrift Cooperative Society Limited, which targeted villagers by promising high returns on investments.

The company’s agents are said to have collected large sums of money from locals, as they lured them with the claim that their investments would double within a short period, a stark reminder to what happened with Bollywood superstar Akshay Kumar in ‘Phir Hera Pheri’.

Meanwhile, the superstar and Shreyas will be seen sharing the screen in ‘Welcome to the Jungle’.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSchoolchildren from Russia receive four medals at International Olympiad in Computer Science

CricketMatt Milnes to return to Kent on three-year contract

CricketJaiswal reveals Rohit's advice to him during blistering ton, explains how Virat, others have improved his game

EntertainmentTamil actor Madhan Bob passes away

Cricket"Our batting order is quite sorted as of now": MS Dhoni on Chennai Super Kings batting line-up

Entertainment Realted Stories

EntertainmentFWICE warns actor Kartik Aaryan over event by Pakistani-owned entity

EntertainmentAkon announces India Tour, to perform in Delhi, Bengaluru, Mumbai

EntertainmentSuhana Khan on father SRK winning National Award: 'No one tells them like you'

Entertainment"Never made official announcement about participating...": Kartik Aaryan team clarifies he is not attending any event linked to Pakistan owned entity

EntertainmentGauri Khan on SRK, Rani Mukerji & Karan Johar winning National Award: 'Ready to brag about them'