ED summons actor Mahesh Babu in realty scam probe for endorsing projects with suspicious cash transactions.

The Enforcement Directorate (ED) has issued a summons to popular actor Mahesh Babu on April 28 for his alleged involvement in a realty scam linked to Sai Surya Developers and Surana Group. Mahesh Babu reportedly received ₹5.9 crore for endorsing projects of these companies, a substantial portion of which was allegedly transferred in cash. The ED is investigating the possibility of this cash being part of a larger money laundering scheme related to fraudulent real estate dealings that may have misled unsuspecting investors. The actor is expected to appear before the ED for questioning in connection with these transactions. The case has drawn significant attention due to Mahesh Babu’s stature as a leading actor in the Indian film industry and his association with the controversial real estate entities under scrutiny. This development underscores the growing concern over financial irregularities and scams in the real estate sector, highlighting the need for stricter regulations and oversight to protect investors and curb illegal activities. Stay tuned for further updates on this developing story as authorities delve deeper into the alleged money laundering activities involving the actor and the aforementioned real estate groups.

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