Producer Prerna Arora Held for Cheating Vashu Bhagnani of Rs 32 cr
Arora had taken money from Bhagnani’s firm Pooja Entertainment for exclusive rights of a film.
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The Economics Offences Wing (EOW) of Mumbai police arrested Bollywood producer Prerna Arora for allegedly cheating film-maker Vashu Bhagnani of a sum of Rs 32 crore, a senior official said Saturday.
According to the official, Arora had taken money from Bhagnani's firm Pooja Entertainment for exclusive rights of a film.
The official said that Arora had, similarly, taken money from multiple investors promising each of them exclusive rights to the same film.
None of these investors was told about the other leading to breach in contract, the Mumbai police official said.
Arora was arrested Friday and has been remanded in EOW custody till December 10, he said.
Bhagnani could not be reached for comments on Saturday.
Arora was also embroiled in a court battle with actor-producer John Abraham for the film Parmanu, and other films like Kedarnath, Batti Gul Meter Chalu and Fanney Khan.
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