Mumbai/IBNS, Aug. 14 -- A case has been filed against celebrity couple Shilpa Shetty and Raj Kundra for allegedly cheating a Mumbai-based businessman of Rs. 60 crore, media reports said.

Kothari, the director of Lotus Capital Financial Services, claimed he had come in contact with Shilpa and Raj through agent Rajesh Arya in 2015.

At that time, the celebrity couple was holding 87.6% of the company shares.

Kothari claimed the couple had sought for a loan of Rs. 75 crore at an interest of 12 percent.

The businessman claimed he was persuaded to give the money in the form of investment to avoid high taxes.

Shetty, as Kothari claimed, had resigned as the director of Best Deal TV in September 2016.

Next year, an insolvency case of Rs. 1.28...