ED summons actor Mahesh Babu in realty scam investigation for cash transfers, suspecting money laundering.

The Enforcement Directorate (ED) has summoned popular actor Mahesh Babu for questioning on April 28 in connection with an alleged money laundering case involving Sai Surya Developers and Surana Group. Mahesh Babu reportedly received ₹5.9 crore for endorsing projects of these companies, with a substantial amount being paid in cash. The ED is investigating whether this cash payment is linked to laundered money obtained through fraudulent real estate practices, potentially deceiving unsuspecting investors. The actor’s involvement has brought attention to the issue of celebrities endorsing projects without thorough due diligence. The ED is looking into the matter to determine the extent of Mahesh Babu’s knowledge and involvement in the alleged money laundering scheme. The case has raised concerns about the transparency and legality of financial transactions in the real estate sector. Stay tuned for updates on this developing story as the ED’s investigation progresses.

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