Krystle D’Souza and Karan Wahi
ED has once again sent summons to famous personalities in a new money laundering case. This time the names of TV actress Krystle D’Souza and Karan Wahi are also included in this list. These famous TV stars are accused of promoting the online forex trading app Octa FX in exchange for money, after which ED called them for questioning today. During this, the agency officials questioned these artists in the case of illegal online foreign trading and the statements of both were recorded under PMLA.
There is a case of illegal online trading
Let us tell you that in this case, ED had conducted raids at many places in Mumbai, Chennai, Kolkata and Delhi on 20 April. During this, ED had frozen bank funds worth about Rs 2.5 crore, recovered digital evidence and documents related to the case. First of all, Pune Police had registered a case in Shivaji Nagar Police Station in this case, which was later taken over by ED and started investigation under PMLA. It is alleged that illegal online forex trading was being done in India through the international broker octaFX trading app. Permission was not taken from RBI for this, due to which ED registered a case under PMLA and started investigation.
What is this app?
Octafx is an online trading app and its associated website was being run with the help of its Indian unit OctaFX India Private Limited. This app has done trading of Rs 500 crore in India so far. People were being lured with huge profits on investing less money. This illegal trading forex app was being promoted on social media by Bollywood actor Karan Wahi and actress Crystal D’Souza. The purpose was to make this app reach as many people as possible and get them to invest huge amounts in it. Not only this, Karan Wahi and Crystal D’Souza also charged huge amounts for promoting this app. This is the reason why ED has recorded the statements of both.
