Actor Prakash Raj has been summoned by the Enforcement Directorate (ED) for questioning regarding his association with a money laundering case linked to an alleged Rs 100 crore ponzi and fraud case involving a Tiruchirapalli-based jewellery group. The ED had conducted a raid on Pranav Jewellers, a partnership firm in Tiruchirapalli, on November 20, claiming to have seized Rs 23.70 lakh in “unexplained” cash and some gold jewelry. Prakash Raj, aged 58 and a former brand ambassador for the company, is scheduled to appear before the federal agency in Chennai next week. Known for his roles in Hindi and South Indian films, Raj has been critical of the BJP.
The ED’s involvement in the case originated from an FIR filed by the Tamil Nadu Police Economic Offences Wing. The police complaint alleges that Pranav Jewellers and others collected Rs 100 crore from the public through a fraudulent gold investment scheme, promising high returns. The summons to Prakash Raj is part of the ongoing investigation into the financial irregularities associated with this case, marking a development in the scrutiny of the alleged ponzi and fraud activities.
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