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Director Vikram Bhatt and Daughter Krishna Booked in Fresh Rs 13.5 Crore Fraud Case in Mumbai; Details

Economic Offences Wing probes Rs 13.5 crore fraud accusing Vikram Bhatt and daughter of promising but failing to deliver high returns on film project investments.

  • On Saturday, filmmaker Vikram Bhatt and his daughter Krishna Bhatt were booked in a fresh fraud case in Mumbai after an unnamed businessman alleged they cheated him of Rs. 13.5 crore; the Economic Offences Wing took over the probe.
  • Registered at Versova Police Station, the complaint by Dr Ajay Murdia of Indira Group and Indira IVF alleges funds were solicited under the pretext of producing a biopic about his wife and other film ventures.
  • Rajasthan Police previously arrested Bhatt and Shwetambari Bhatt in a separate fraud case, and both were remanded to judicial custody; this fresh FIR extends scrutiny beyond the Udaipur matter amid wider allegations.
  • The EOW, Mumbai is set to conduct a detailed forensic review of documentary evidence and financial transactions to establish the flow of funds and contractual commitments.
  • Bhatt's broader legal troubles suggest repeated high-value allegations involving Rs 13.5 crore investments may dent investor confidence among film financiers and prompt further legal actions.
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India TV News broke the news in India on Saturday, January 24, 2026.
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