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Vikram Bhatt, daughter Krishna booked in financial fraud case of Rs 13.5 crore

Updated on: 24 January,2026 04:42 PM IST  |  Mumbai
mid-day online correspondent |

Vikram Bhatt and his daughter Krishna Bhatt have been booked by Mumbai Police for allegedly cheating a businessman of Rs 13.5 crore. The Economic Offences Wing has taken over the investigation

Vikram Bhatt, daughter Krishna booked in financial fraud case of Rs 13.5 crore

Vikram Bhatt

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A case has been registered against producer and director Vikram Bhatt and his daughter Krishna Bhatt, at Versova Police Station, by a businessman who accused them of cheating. The father-daughter duo had allegedly taken money from a businessman and promised good returns on investing it in cinema and other places.

Case against Vikram Bhatt


The complaint against the duo was filed by a businessman who alleged that Vikram Bhatt and his daughter Krishna Bhatt had defrauded him of Rs 13.5 crore. In this case, the Economic Offenses Wing has registered a case against both Vikram Bhatt and his daughter Krishna Bhatt at Versova Police Station. The Economic Offenses Wing has taken over this case for further investigation.



Past case against Vikram Bhatt

Earlier, Vikram and his wife Shwetambari were remanded to seven days of police custody by the ACJM court in Udaipur in connection with a separate alleged Rs 30 crore fraud case. The couple was arrested from their Mumbai residence on December 7 and brought to Udaipur. The duo was produced in court. DSP Chhagan Singh Rajpurohit is leading the investigation. Upon arrival in Udaipur, both attempted to avoid media cameras. Vikram Bhatt is still in custody in relation to the Rs 30 crore fraud case.

A six-member police team led by DSP Rajpurohit reached Mumbai and arrested Vikram and Shwetambari Bhatt from their Juhu flat. Their security staff initially attempted to block the police, claiming the couple was not home, but both were eventually taken into custody. The case was filed based on an FIR lodged by Dr Ajay Murdia, owner of the Indira Group and Indira IVF.

Dr  Murdia claimed that he wanted to produce a biopic about his late wife and hence approached Dinesh Kataria for assistance. On the suggestions of Kataria, Dr  Murdia visited Vrindavan Studio in Mumbai on April 25, 2024, where Kataria introduced him to Vikram Bhatt.

During the meeting, the Raaz filmmaker said he would handle all filmmaking work. He also asked Dr Murdia to send money accordingly. Bhatt also mentioned that his wife and daughter were involved as associates in the project. Notably, Bhatt has registered a firm, VSB LLP, in his wife Shwetambari Bhatt’s name

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