Mumbai police's Economic Offences Wing arrests Bollywood film producer Parag Sanghvi

The Economic Offences Wing (EOW) of Mumbai police arrested a Bollywood film producer Parag Sanghvi in connection with a cheating and forgery case to the tune of ₹13.74 crore. Sanghavi who was arrested on Monday has been sent to police custody for five days, said police.

As per the complaint registered with EOW, the complainant had bought three commercial flats located at Turner Road in Bandra from a reality company in 2013 for ₹13.74 crore. Of the three, one was rented to a Alumbra Entertainment where Sanghavi is a director while other two were rented to another company.

The accused allegedly sold the rented flats to another victim, said police. Based on the complaint the EOW registered an offence under relevant sections of cheating, forgery, criminal conspiracy. There are couple of more offence registered against Sanghvi, said police.

Sanghvi who is know for financing and distributing films produced films like-- Partner, Bhoot Returns and The Attacks of 26/11.