Not Involved in Rs 1000 Cr Ponzi Scam, Say Actor Govinda & His Secy

Bhubaneswar: Veteran Bollywood actor Govinda denied being involved in the publicity of the Rs 1000 crore ponzi scam, which is being investigated by the Economic Offences Wing (EOW) of Odisha Crime Branch.

Recently Odisha EOW stated that it would interrogate Govinda in connection to his alleged involvement in the promotion of the dubious ponzi scam. Reacting to it, Govinda denied having done any ads or endorsed/publicised anyone in relation to this scam.

“I have neither done ads for anyone nor endorsed, favoured or publicised anyone. The photographs being circulated were taken at a function,” he told TOI.  while declining to comment further on the issue.

Govinda’s manager, Shashi Sinha, told ETimes, “Govinda has nothing to do with the case. Govinda had gone through an agency for an event and returned we have nothing to do with the business or branding of it. All half-baked news has been published in the media.”

The actor is alleged to have endorsed Solar Techno Alliance (STA-Token), which was illegally operating a huge Ponzi multi-level marketing scheme in the garb of crypto token, in a few promotional videos. Govinda attended STA’s grand function in Goa in July and promoted the company in some videos.