What is the new fraud case against Vikram Bhatt?

Mumbai Police registered a new FIR accusing Vikram Bhatt and his daughter Krishna Bhatt of defrauding a Pune-based film investor of Rs 13.5 crore.

Who is the investor accusing Vikram Bhatt of fraud?

The investor is Shivraj Prithviraj Khawade, a film financier from Pune, who alleged that he was induced to invest in film projects with promises of high returns.

Which authority is investigating the Rs 13.5 crore fraud case involving Vikram Bhatt?

The investigation into the Rs 13.5 crore fraud case against Vikram Bhatt and his daughter has been transferred to the Economic Offences Wing (EOW) of Mumbai Police.

Home / Crime and Justice / Filmmaker Bhatt Faces New Rs 13.5 Crore Fraud Case

Filmmaker Bhatt Faces New Rs 13.5 Crore Fraud Case

24 Jan

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Summary

Filmmaker Vikram Bhatt booked for Rs 13.5 crore fraud.
Pune investor alleges fraud after investing in film projects.
Case transferred to Economic Offences Wing for investigation.

Filmmaker Bhatt Faces New Rs 13.5 Crore Fraud Case

Filmmaker Vikram Bhatt has been named in a new fraud case registered by Mumbai Police, escalating his legal challenges. The FIR accuses Bhatt and his daughter, Krishna Bhatt, of defrauding a Pune-based film investor of Rs 13.5 crore.

The investor, Shivraj Prithviraj Khawade, alleged that he was induced to invest in upcoming film projects in 2021 with promises of substantial returns. However, his principal amount and promised profits have not been returned despite the stipulated period elapsing.

Police sources indicated that the accused allegedly continued to mislead the complainant, citing production delays and financial difficulties. The matter has been transferred to the Economic Offences Wing (EOW) of Mumbai Police due to the significant sum involved. This new development follows Bhatt's arrest last month in Rajasthan for a separate Rs 30 crore cheating case, and authorities are now exploring potential links to other investors who may have been similarly defrauded.