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Moneycontrol12-01-2026, 17:31

Vikram Bhatt Fraud Case: Police Confirm Evidence, Allege Team Non-Cooperation

  • Film director Vikram Bhatt and wife Shwetambari Bhatt face legal turmoil in an alleged Rs 44.27 crore fraud case.
  • Dr. Ajay Murdia, founder of Indira IVF, lodged a complaint alleging investment in incomplete film ventures with promises of significant returns.
  • Authorities claim fake invoices and inflated vouchers were used to siphon funds, with only two out of four promised films completed.
  • DSP Chagan Rajpurohit confirmed evidence collection from Bhatt's Mumbai locations but noted lack of cooperation from his team.
  • Bhatt's lawyer, Kamlesh Dave, denies fraud, stating all payments were known to both parties and questions police procedure; Rajasthan High Court refused to quash FIR.

Why It Matters: Police have gathered evidence in the Vikram Bhatt fraud case, but his team's cooperation is questioned.

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