Trouble Mounts for Bollywood Famous Actor: FIR Filed Against 16 Including Him — Here’s What Happened

Hardoi(The Uttam Hindu): Bollywood actor Shreyas Talpade is among 16 individuals named in a fraud case filed in Shahabad, Uttar Pradesh, involving a chit fund scam that allegedly cheated villagers of over ₹20 lakh.

The FIR was lodged based on a complaint by Amar Veer Singh, a resident of Sujaniyapur village in Hardoi district. Singh claimed he was lured into investing and promoting a chit fund company named LUCC (Loni Urban Multi-State Credit & Thrift Co-operative Society), which promised to double investments in a short time.

According to the complaint, the accused claimed that actor Shreyas Talpade was a promoter of the company, which boosted Singh’s trust. He invested his own money and encouraged fellow villagers to do the same, allegedly on assurances of high returns, job opportunities, and commissions.

Investors were misled with schemes titled FDs, RDs, and even government-sounding names like Sukanya Yojana. However, when the maturity period ended, no payments were made, and the company’s representatives allegedly disappeared.

The FIR names several individuals, including Sameer Agarwal, Sania Agarwal, R.K. Shetty, Sanjay Mudgil, and others. They face charges under IPC Sections 419 (cheating by impersonation), 420 (fraud), 406 (criminal breach of trust), 504, and 506 (criminal intimidation).

Police have begun investigating the extent of Talpade’s involvement and are tracing the whereabouts of the remaining accused. The case underscores the growing number of fraudulent investment schemes targeting rural populations under the guise of legitimacy, often involving celebrity associations.