Famed Filmmaker Vikram Bhatt Arrested in Rs 30 Crore Fraud Case

Popular filmmaker Vikram Bhatt and his wife were arrested in Mumbai for allegedly defrauding Dr Ajay Murdia of Rs 30 crore in relation to a biopic deal. The couple is accused of making false promises of large profits, resulting in an FIR being registered for cheating in Udaipur.

Renowned filmmaker Vikram Bhatt and his wife were apprehended by Udaipur police from Mumbai, accused in a Rs 30 crore fraud case. The arrests were made following allegations by Dr Ajay Murdia, who claimed the couple cheated him in a biopic production deal.

Dr Murdia, founder of Indira IVF Hospital, alleged that Bhatt and his associates defrauded him by promising hefty returns from a film production that never materialized. An initial agreement had involved producing four films, worth a total of Rs 47 crore. Though two films were completed, the remaining projects were not.

Legal representatives for the couple alleged that Rajasthan police acted without proper authority and forced the accused to sign undated documents. Meanwhile, police investigations suggest a calculated plan to siphon off funds using fake vendor bills. The court has granted transit remand till December 9 for the accused to be moved to Udaipur for further proceedings.

(With inputs from agencies.)