Big news coming in.

As per the latest reports in BollywoodLife, actor & businessman Sachiin Joshi has received possession of his one kg gold after the Bombay High Court ordered SGPL to pay him 3 lakh and hand over the gold. Reports suggest that Sachiin had earlier alleged in his complaint that he was sold a five-year gold plan of the Satyug Gold scheme where a certain quantity of gold is redeemable after five years. But when he wanted to redeem 1kg gold, the office of SGPL was shut down and the website that showed another address turned out to be fake.

The actor was quoted by Lokmat saying,

“My legal battle was merely a representation of many of the investors of Satyug Gold who have invested in the gold scheme at a discounted rate, only to never receive the gold.” Shilpa Shetty and Raj Kundra were asked to pay a penalty of Rs. 25,50,000 for promoting Satyug Gold. Sachiin shared the detail and said, “I was asked to pay Rs 25 lakh to collect Rs 18,57,870 gold after six years of my hard-earned money lying with a company. Imagine the state of the common man who must have invested believing a celebrity who endorsed a company as its Chairman!”

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