
The man who conned Bollywood, India Inc and netas
The Times Of India Podcast
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What Happens to the Gucci Bags and Luxury Cars?
Shukhase couldn't keep the clause he was raking in in any legitimate financial instrument and had to keep spending it as fast as possible. He bought that sea facing property in his driver's name and began splurging gifts for actors not just to show off but also because he couldn't keep that money stashed in any bank accounts or fixed deposits. However, illicit money is generated through bribery or trafficking or illicit activity. It is called proceeds of crime in terminology of EDSPMLA, Prevention of Money Laundering Act. So wherever these proceeds of crime travel, the ED money trail goes and establishes and attaches those property allegedly Shukhase gave a couple of actresses, luxury
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