In a major legal blow to the Bhatt family, Mumbai’s Economic Offences Wing (EOW) has registered a fresh fraud case against filmmaker Vikram Bhatt and his daughter Krishna Bhatt. The duo is accused of duping a businessman of ₹13.5 crore by promising high returns on cinematic investments.
This development follows Vikram Bhatt’s arrest in December 2025 regarding a separate ₹30 crore fraud case in Rajasthan, for which he remains in judicial custody.
New Allegations: The ₹13.5 Crore Case
The fresh FIR was registered at the Versova Police Station on Friday, January 23, 2026, and subsequently transferred to the EOW due to the high financial stakes.
- The Complainant: A prominent businessman (whose identity has been shielded in initial reports) alleged that the father-daughter duo lured him into investing in various film projects and business ventures.
- The Promise: The complainant was reportedly guaranteed “substantial returns” and “handsome profits.”
- The Breach: According to the FIR, once the funds were transferred, the promised returns never materialized, and the original investment was not returned.
- The Charges: The case has been booked under sections related to criminal conspiracy, cheating, and criminal breach of trust.
Connection to the ₹30 Crore Udaipur Case
The new complaint echoes the allegations made by Dr. Ajay Murdia, founder of Indira IVF, which led to Vikram’s current incarceration:
| Feature | Udaipur Case (Dec 2025) | Mumbai Case (Jan 2026) |
| Amount | ₹30 Crore (Agreement of ₹47 Cr) | ₹13.5 Crore |
| Accused | Vikram Bhatt & wife Shwetambari | Vikram Bhatt & daughter Krishna |
| Project | Biopic on Dr. Murdia’s late wife | Multiple cinema projects |
| Current Status | Vikram in Judicial Custody (Udaipur) | FIR registered, Investigation by EOW |
“The director allegedly assured [Dr. Murdia] that an investment of ₹7 crore could generate four films with a projected return of ₹100–200 crore.” — Udaipur Police Records