Actor Prakash Raj has been summoned by the Enforcement Directorate (ED) for questioning related to an alleged ponzi scheme case. The ED took this step after conducting searches at properties connected to a partnership firm in Trichy on November 20 under the Prevention of Money Laundering Act (PMLA).
The alleged ponzi scheme is linked to Pranav Jewellers and has come under scrutiny following a First Information Report (FIR) filed by the Economic Offences Wing (EOW) in Trichy. This case involves Pranav Jewellers and others, accused of financial wrongdoing.
According to the EOW, Pranav Jewellers gathered around Rs 100 crore from the public, promising high returns through a gold investment scheme. Sadly, the company couldn't deliver on its promises, leaving investors in a difficult situation