Govinda, Chunky Panday, Shakti Kapoor and Manoj Tiwari Named in FIR Linked to Maxizone Investment Scam

A fresh controversy has emerged in Bollywood after veteran actors Govinda, Chunky Panday and Shakti Kapoor, along with BJP MP and actor Manoj Tiwari, were named in a First Information Report (FIR) connected to an alleged investment fraud involving Ghaziabad-based company Maxizone Touch Private Limited. The case, filed in a Jamshedpur court, has drawn widespread attention due to the involvement of well-known public figures and claims of high-return investment promises.

How the case came to light

The FIR was registered following complaints from investors who alleged they were misled into investing in Maxizone Touch Pvt Ltd with assurances of unusually high returns—reportedly around 15 percent per month. According to the complainants, neither the promised interest nor the principal amount was returned, prompting them to approach the court for legal relief.

Based on court directions, the police registered the FIR under sections related to cheating and criminal conspiracy. One of the investors claimed to have invested over ₹30 lakh, while reports also suggest the alleged fraud could be part of a much larger financial irregularity linked to investment and cryptocurrency dealings.

Role of celebrity endorsements under scrutiny

Investigators are examining whether the involvement or promotion by celebrities played a role in building trust among investors. The FIR mentions that the association of familiar Bollywood faces allegedly helped the company attract more people into the scheme.

The celebrities named in the FIR include:

• Govinda
• Chunky Panday
• Shakti Kapoor
• Manoj Tiwari (BJP MP and actor)

Legal experts point out that at this stage, being named in an FIR does not amount to guilt. The investigation will focus on determining whether the celebrities actively promoted the scheme, were negligent in verifying it, or if their names were used without proper authorisation.

Arrests and ongoing investigation

A major development in the case occurred in September 2025, when Jamshedpur police arrested Maxizone Touch directors Chander Bhushan Singh and his wife Priyanka Singh. The couple had reportedly been absconding for nearly three years before their arrest.

Authorities allege that the company was running a fraudulent multi-level marketing (MLM) operation and collecting unauthorised deposits from the public. The Enforcement Directorate (ED) has also conducted searches in connection with the case, indicating the seriousness and scale of the alleged financial misconduct.

No official statements yet

So far, none of the named celebrities have released official statements addressing their inclusion in the FIR. Public reaction has been mixed, with some expressing shock while others have urged restraint and emphasised the importance of due process.

Industry observers note that such cases highlight the growing scrutiny around celebrity endorsements, especially in financial matters. Regulators and financial advisors continue to warn investors against schemes promising exceptionally high returns, stressing that such offers are often red flags.

A cautionary tale for investors

The Maxizone case serves as another reminder that investment decisions should be based on proper research and documentation rather than star power. Experts reiterate that legitimate financial products rarely guarantee fixed or unusually high monthly returns.

As the investigation continues, authorities are expected to clarify the extent of involvement, if any, of each individual named in the FIR. Until then, the case remains under probe, with more developments likely in the coming weeks.