Film producer Parag Sanghvi arrested by Mumbai Police in fraud case

Bollywood film producer Parag Sanghvi has been arrested by the Economic Offences Wing (EOW) of the Mumbai Police on Monday in connection with a housing fraud case. Reportedly, Sanghvi was produced before the court on Tuesday and remanded to police custody till December 25. He has produced films like Partner, Bhoot Returns and The Attacks of 26/11 among others.

News agency, ANI, on Tuesday confirmed Sanghvi’s arrest on Twitter handle. The tweet read: Mumbai police’s Economic Offences Wing (EOW) on Monday arrested Bollywood film producer Parag Sanghvi in connection with a fraud case. A court sent Sanghvi to the custody of EOW till December 25: Mumbai Police.”

Take a look at the tweet here.

Mumbai police’s Economic Offences Wing (EOW) on Monday arrested Bollywood film producer Parag Sanghvi in connection with a fraud case. A court sent Sanghvi to the custody of EOW till December 25: Mumbai Police

— ANI (@ANI) December 21, 2021

A report in ETimes also suggests that the Enforcement Directorate had also conducted a raid at his properties in September, this year. The raid was reportedly issued in connection with a money laundering case. If the earlier raid and his arrest now have any connection, we don’t know yet. The producer is yet to speak on the matter.

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As per a report by PTI, an official said that he was apprehended in connection with selling of two flats, one at Turner Road in suburban Bandra, to a third party and involvement of a corporate group’s company where Sanghvi is a director.

The value of the flats was estimated at ₹13.74 crore, he said.

Stay tuned for more updates on this case.

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