Is Vikram Bhatt Involved in Another Financial Fraud Case?
Synopsis
Producer Vikram Bhatt and his daughter Krishna face serious allegations of fraud involving ₹13.5 crore. This case adds to Bhatt's ongoing legal troubles, raising questions about his financial dealings in the film industry. Stay tuned as the Economic Offenses Wing investigates further!
Key Takeaways
Vikram Bhatt and Krishna Bhatt allegedly defrauded a businessman of ₹13.5 crore .
The case is being investigated by the Economic Offenses Wing .
This incident adds to prior legal issues faced by Vikram Bhatt.
Transparency and accountability are essential in financial dealings within the film industry.
The case underscores ongoing concerns regarding financial ethics in Bollywood.
Mumbai, Jan 24 (NationPress) A case has been filed against renowned producer and director Vikram Bhatt along with his daughter at the Versova Police Station. The duo is accused of allegedly accepting funds from a businessman, promising lucrative returns from investments in cinema and various other ventures.
A businessman lodged a complaint with the police, claiming that Vikram Bhatt and his daughter Krishna Bhatt deceived him out of INR 13.5 crore. Following this, the Economic Offenses Wing has initiated an investigation and registered a case against both individuals at Versova Police Station.
Vikram has been under scrutiny for financial misconduct. Previously, he and his wife Shwetambari were placed in police custody for seven days by the ACJM court in Udaipur concerning a separate alleged fraud case involving Rs 30 crore. They were apprehended at their Mumbai home on December 7 and subsequently taken to Udaipur. The couple was presented in court, with DSP Chhagan Singh Rajpurohit overseeing the investigation. Upon their arrival in Udaipur, they attempted to evade media coverage. Currently, Vikram Bhatt remains in custody regarding the INR 30 crore fraud case.
A six-member police team led by DSP Rajpurohit traveled to Mumbai to arrest Vikram and Shwetambari Bhatt at their Juhu residence. Initially, their security personnel tried to obstruct the police, claiming the couple was not at home, but both were eventually taken into custody. The case originated from an FIR filed by Dr Ajay Murdia, the owner of the Indira Group and Indira IVF.
Dr. Murdia alleged that the director and his associates solicited investments under the guise of producing a biopic about his wife. He claimed his initial introduction to the project was through Dinesh Kataria, followed by a meeting with Vikram Bhatt at Vrindavan Studio, Mumbai. The director reportedly assured him that an investment of Rs 7 crore could yield four films with anticipated returns of Rs 100-200 crore.
Point of View
It is our responsibility to present the facts impartially. The allegations against Vikram Bhatt and his daughter Krishna raise significant concerns in the realm of financial ethics within the entertainment industry. As investigations continue, it remains crucial to uphold the values of transparency and accountability in such high-profile cases.
NationPress
15 Jul 2026
Frequently Asked Questions
What are the charges against Vikram Bhatt?
Vikram Bhatt and his daughter Krishna are accused of defrauding a businessman of ₹13.5 crore by promising unrealistic returns on investments in cinema.
What is the role of the Economic Offenses Wing?
The Economic Offenses Wing has taken over the investigation to examine the financial irregularities associated with the case against Vikram Bhatt and his daughter.
Has Vikram Bhatt faced legal issues before?
Yes, Vikram Bhatt has been involved in previous legal troubles, including a separate case related to a ₹30 crore fraud.
