Filmmaker Vikram Bhatt, who is in prison since last month in an alleged Rs. 30 crore cheating case, has landed in a fresh cheating case after the Bombay police registered another case of fraud against him. A new FIR has been filed accusing Vikram and his daughter, Krishna Bhatt, of cheating a Pune-based investor of Rs. 13.50 crore.
Pune-based film financier Shivraj Prithviraj Khawade alleged that Vikram Bhatt induced him to invest money in upcoming film projects by promising high returns. According to the complaint, Vikram Bhatt accepted Rs. 13.50 crore from Khawade in 2021, assuring him of profits within a stipulated period. However, neither was the principal amount returned nor was any profit given.
According to the police, the accused allegedly continued to mislead the complainant over the years, citing delays in film production and financial constraints. The complainant further alleged that the amount was neither invested as promised nor refunded even after four years.