Vivek Oberoi Faces Financial Fraud: Actor Files Case as Business Partner Embezzles Rs. 1.55 Crore
A big breaking from the lands of Bollywood surfaces on Saturday as actor Vivek Oberoi along with wife Priyanka Alva Oberoi files a police complaint as he landed into a financial fraud by his alleged business partners of Rs. 1.55 crore. According to the reports, Vivek filed the case against three of his business partners who promised lucrative profits by investing into their event and film production company to which the police has started their further investigation to dive deeper into the fraudulent case.
The alleged fraudsters includes event and film producers Nandita Saha, Sanjay Saha and Radhika Nanda who according to Vivek has used the big lump sum money for their personal use wrongfully. For the financial fraud, Vivek's company 'Oberoi Mega Entertainment LLP' appointed an authorized Chartered accountant, Deven Bafna to handle the case and complain on his behalf. According to Deven's lodged complain, his client Vivek Oberoi along with the alleged party were suppose to launch a firm that is specialized to events related to film and businesses related to films.
Withdrawing money illegally
According to a statement made by Deven Bafna, Vivek and his wife wanted to re-establish their previous company Oberoi Organics which was drowning due decline in demands of organic products. This is when they both decided to sign a pact in 2020 with the alleged party to transform it into a event management company under the name of Anandita Entertainment. But soon in 2022, the actor came to realize about the misleading funds, doomed by his business partners. Radhika Nanda has withdrawn the money illegally from the firm which also includes "Sanjay Saha who has used and invested the company's money for numerous personal reasons including paying for the life insurance of his mother, Nandita Saha", the statement read.
As per the complaint charged, all the three accused were taken into custody, Radhika, Sanjay and Nandita. They were charged for violating Section 406, 409, 420 and 34 under the Indian penal code which justifies their fraudulent for 'Criminal breach of trust', 'Criminal breach of trust by a public servant, banker, merchant or agent', 'Cheating' and 'common intention' respectively.
- PTC PUNJABI