Govinda under scanner for alleged involvement in ₹1000 crore online ponzi scam

The Odisha economic offences wing (EOW) will shortly question Bollywood actor Govinda as part of their investigation into the Rs 1000 crore online ponzi fraud. According to reports, the actor supported a business, called Solar Techno Alliance, that was caught to be responsible for the pan-India scam.

According to the reports, Solar Techno Alliance has offices in a number of different nations around the world and it ran an internet ponzi scheme under the guise of cryptocurrency investing. According to the Odisha EOW, they collected deposits of Rs 1,000 crore from more than 2 lakh people across India without receiving authorization from the Reserve Bank of India (RBI).

Govinda to be questioned in a scam case

Authorities at the EOW reportedly claimed that Govinda is neither currently a suspect or an accused person, according to a report in the Times of India. Only because he had endorsed STA in a few videos would he be interrogated, and the authorities will try to glean more information about the scam from his statement.

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As a result of Govinda's attendance at a major event organized by STA in Goa in July of this year, a team from the Odisha EOW will shortly arrive in Mumbai to question the actor about his relationship with the business.

"We will soon send a team to Mumbai to question filmstar Govinda who has attended STA's grand function in Goa in July and promoted the company in some videos," EOW inspector general J N Pankaj told TOI.

Govinda has not yet released any formal statement on his role in the matter.