Mumbai Police's Economic Offences Wing (EOW) went on to arrest Bollywood producer Parag Sanghavi in connection with a fraud case. A court sent Sanghvi to the custody of EOW till December 25, said Mumbai Police.
Meanwhile, in September this year, the Enforcement Directorate had conducted a raid at Sanghvi's Mumbai properties, including his office and club in a money laundering case.
Sanghvi has been a part of the industry for more than 15 years as a producer, financer and distributor. His films include Ab Tak Chappan 1 & 2, Vaastu Shastra, Darna Mana Hai, Darna Zaroori Hai, Golmaal-Fun Unlimited, Ek Hasina Thi, Naach and many more.
He backed films like Sarkar, Sarkar 3, The Attacks of 26/11 and Chef under his banner.
In 2020, Parag collaborated with Eros International Group for two big movies. The details about the project are still under wrap with no updates from the same by the production house.