Bengali film producer arrested for Rs 150 mn fraud

Kolkata, June 24 (IANS) A city court Tuesday remanded Bengali film producer Indrajit Chatterjee, arrested for alleged Rs.150 million bank fraud, in police custody till July 5.

Chatterjee's bail plea was rejected by the Chief Metropolitan Magistrate's court Tuesday. He was arrested Monday from Howrah district's Kona Expressway.

The police Tuesday arrested Amit Sen, an associate of Chatterjee, from the Entally area in the central part of the city.

'We have got some important documents regarding the fraud from him. Another partner-in-crime, Dipankar Chatterjee, was nabbed Monday late night,' city police deputy commissioner (detective department) Jawed Shamim told IANS.

Chatterjee took loans from several banks against a single property in 2006 and even produced a Bengali film before going undercover. He defrauded the banks of about Rs.150 million, a police official said.

'Even CBI (Central Bureau of Investigation) had filed two cases against Chatterjee for similar crimes,' the official said.