sharapova named in india luxury housing fraud probe
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Sharapova named in India luxury housing fraud probe

Arab Today, arab today

Arab Today, arab today Sharapova named in India luxury housing fraud probe

Five-time Grand Slam champion Maria Sharapova
London - Arab Today

Five-time Grand Slam champion Maria Sharapova is under investigation in India for cheating and criminal conspiracy after the collapse of a luxury housing project that she endorsed, police and a lawyer said Tuesday.

The firm behind the development is alleged to have taken millions of dollars from homebuyers before the project folded.

"We have registered a case of cheating on directions from the court," local police officer Arvind Sharma told AFP.

He said Sharapova and the firm behind the development, Homestead Infrastructure Development, were named in the case.

The 30-year-old tennis star travelled to India in 2012 to launch the luxury high-rise apartment complex -- later named Ballet by Sharapova -- which prospective buyers were told would house a tennis academy, a clubhouse and a helipad.

The website of the project quotes Sharapova as saying her goal was to "make the owners feel like they own something special and different".

"Any celebrity who endorses any product technically becomes an agent for that company. No one would have invested in the project if Sharapova's name was not there," said Piyush Singh, a lawyer representing the complainant.

The project in Gurgaon -- a satellite city of the capital New Delhi -- was supposed to be ready in 2016 but, Singh said, construction work was abandoned after builders collected millions from homebuyers.

Calls to the developers went unanswered. Sharapova has not yet commented on the case.

Sharapova, a former world number one, made almost $30 million in 2015, according to Forbes, with $23 million of that coming from endorsements.

She has had a stop-start season since her controversial return to the game in April, following a 15-month doping ban.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sharapova named in india luxury housing fraud probe sharapova named in india luxury housing fraud probe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sharapova named in india luxury housing fraud probe sharapova named in india luxury housing fraud probe

 



GMT 12:13 2018 Thursday ,27 September

Yemen government ends cooperation with UN rights mission

GMT 06:21 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 11:45 2018 Saturday ,20 January

Salam, German ambassador meet

GMT 10:33 2017 Friday ,10 March

White House presses Iran for info on ex-FBI

GMT 16:30 2016 Tuesday ,23 August

Iraq vows to review foreign energy deals

GMT 22:40 2017 Monday ,09 October

16 killed as gunmen attack Mozambique police

GMT 07:01 2017 Monday ,27 February

Hisham Abbas blames crises for his absence

GMT 16:05 2014 Saturday ,09 August

Stream of Gas 2.6m Light Years Long
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday