BREAKING: Producer Prernaa Arora ARRESTED for alleged fraud

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Eggon_Snow

@Eggon_Snow

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Posted: 6 years ago

BREAKING: Producer Prernaa Arora ARRESTED for alleged fraud (Read details)

ByBollywood Hungama News Network

Dec 8, 2018 - 5:53 pm IST

Producer Prernaa Arora of KriArj Entertainment production house has been in a lot of financial and legal trouble lately. She has been arrested by the Economic Offences Wing of the Mumbai Police's Crime Branch today and will be produced in the Esplanade Court.

#Prerna Arora

Prernaa has been infamous for alleged non-payment of dues. She has run into trouble several times this year with various other producers whom she was working with. Finally, Prernaa Arora was apparently arrested for allegedly cheating film financier Anil Gupta of Rs. 16 crores to make Kedarnath starring Sushant Singh Rajput and debutant Sara Ali Khan which released yesterday. Prernaa was reportedly arrested while in possession of multiple passports and pan cards.

Prernaa Arora has been running KriArj along with her partner Arjun N Kapoor and had risen to fame pretty quickly after producing movies like Toilet: Ek Prem Katha, PadManand Rustom among other films.

She ran into trouble with John Abraham who was producing Parmanu with her. She also got into trouble with Kedarnath maker Abhishek Kapoor. Apart from them, she also had issues with Vashu Bhagnani over Pari, Fanney Khan and other projects.

Vashu slapped charges not just on Prernaa but also her partner Arjun N Kapoor and her mother Protima Arora. Stay tuned for more developments in the case.

Edited by Eggon_Snow - 6 years ago

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nigahen

@nigahen

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Posted: 6 years ago

Multiple passports and PAN cards. Shouldnt the people who facilitated that we investigated as well??

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Male-Chauvinist-Pig

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Posted: 6 years ago

Mujhe ek gaana la line yaad aya.

Yeh toh hona hi tha.

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Mira25

@Mira25

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Posted: 6 years ago

Film Producer Prerna Arora Arrested For Alleged Fraud Of Rs 32 Crore

All India Press Trust of India

According to an official, Ms Arora had taken money from Vashu Bhagnani's firm Pooja Entertainment for exclusive rights of a film.

Updated : December 08, 2018 23:05 IST

Prerna Arora was arrested Friday and has been remanded in EOW custody till December 10

Mumbai:

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, Ms Arora had taken money from Vashu Bhagnani's firm Pooja Entertainment for exclusive rights of a film.

The official said that Ms 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.

Ms Arora was arrested Friday and has been remanded in EOW custody till December 10, he said.

Mr Bhagnani had earlier claimed he was given parallel rights for films "Fanney Khan" and "Batti Gul Meter Chalu" by Ms Arora's company KriArj Entertainment.

Mr Bhagnani could not be reached for comments on Saturday

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Mira25

@Mira25

Inactive

Posted: 6 years ago

The scam is emerging bigger involving a series of bogus, fraudulent financial deals from her production house.

Multiple PAN card and passport holder?

It's not a crime to have multiple passports, but if fraud or theft is the intent then there are criminal and immigration consequences . But obtaining or having more than one PAN card is an offence and punishable by law.

Edited by Mira25 - 6 years ago

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nigahen

@nigahen

Voyager

Posted: 6 years ago

Originally posted by: Mira25
The scam is emerging bigger involving a series of bogus, fraudulent financial deals from her production house.

Multiple PAN card and passport holder?
It's not a crime to have multiple passports, but if fraud or identity theft is the intent, then of course, there are criminal and immigration consequences. But obtaining or having more than one PAN card is an offence and punishable by law.

Yes indeed. People who travel a lot for work do keep more than one passport but multiple? And PAN card definitely one cant have more than one.

WHy more than one PAN card anyhow? To divert money through shell companies I suppose.