Bollywood Producer Parag Sanghvi Arrested in Housing Fraud Case- Deets Inside

Mumbai: Bollywood movie producer Parag Sanghvi, who has residence productions like Partner, Bhoot Returns and The Attacks of 26/11, has been arrested in reference to a housing fraud case in Mumbai, a police official mentioned on Tuesday. He has been despatched in custody until December 25. According to the complainant within the case Mahendra Ranmal Shah, he had bought three flats in 2013 at Turner Road from Kamala Infra and Kamala Landmark Properties, firms of the Kamala Landmark group, he mentioned. Shah then rented out one of many flats to Alumbra Entertainment and Media Pvt Ltd, one other firm of the Kamala Landmark group, the official mentioned. Parag Sanghvi and one Jitendra Jain are administrators of Alumbra Entertainment and Media Pvt Ltd. The remaining two flats had been rented out to Metalica Pvt Ltd, he mentioned.Also Read – Producer Parag Sanghvi questioned in IPL betting case Though the flats had been on lease, Kamala Landmark Properties offered them to a 3rd celebration, the official mentioned. On the criticism of Shah, an FIR below IPC sections associated to dishonest, prison conspiracy, breach of belief, making a false doc, forgery of invaluable safety, utilizing as real a cast doc and customary intention was registered towards Sanghvi and others, he mentioned. Also Read – Arbaaz Khan, Parag Sanghvi Become Witnesses in IPL Betting Case A report by ETimes additionally means that the Enforcement Directorate has additionally carried out a raid on the producer’s properties within the month of September, this yr. At the time, the raid was additionally reportedly issued in reference to a cash laundering case. If his arrest now and the raids carried out earlier than are for a similar purpose just isn’t recognized but. Also Read – Director Sajid Khan named in IPL betting case

Parag is the CEO of Alumbra Entertainment and Lotus Film firm. -With inputs from PTI