Why Mahesh Babu Received ED Notice for Promoting Fraud Company Involved in 100 Crore Scam

Why Mahesh Babu Received ED Notice for Promoting Fraud Company Involved in 100 Crore Scam

Popular Telugu actor Mahesh Babu has recently received a notice from the Enforcement Directorate (ED). This news has surprised many of his fans and followers. According to reports, the ED is investigating a real estate company named Sai Surya Developers, which Mahesh Babu had promoted as a brand ambassador.

Mahesh Babu Gets ED Notice for Scam

The issue started when the ED found that Sai Surya Developers, along with Surana Group, may have been involved in a financial fraud of nearly Rs. 100 crores. Mahesh Babu was paid to appear in advertisements for this company. Because of his promotion, many people trusted the company and became its customers. However, later it was discovered that the company had cheated many of them.

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ED believes that Mahesh Babu received around Rs. 5.9 crores for his work. Out of this, Rs. 3.4 crores were reportedly paid by cheque and Rs. 2.5 crores in cash. The ED is now investigating if the payment in cash was done in the proper legal way or if there were any irregularities.

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This situation has raised important questions about celebrities promoting brands. When a famous person becomes the face of a brand, people trust it more. But if the company turns out to be fake or involved in fraud, common people suffer. That’s why many feel celebrities should be careful about what they promote.

Recently, the Telangana government also took action against betting apps and questioned actors who promoted them. Some celebrities have now decided not to work with such companies. This shows how serious the issue has become.

In Mahesh Babu’s case, the ED is not saying he was part of the fraud. But they are looking into the money he received and how it was paid. So far, Mahesh Babu or his team has not made an official statement about the notice.

Purnima s
Author: Purnima s