Vikram Bhatt and Wife Booked for Alleged Rs 30 Crore Film Investment Fraud

A Udaipur doctor has lodged a fraud complaint against filmmaker Vikram Bhatt and his wife Shwetambari Bhatt, alleging they cheated him of Rs 30 crore by promising Rs 200 crore returns on film investments.

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Nov 18, 2025 - 14:11

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Vikram Bhatt and Wife Booked for Alleged Rs 30 Crore Film Investment Fraud

Udaipur, November 2025:
A fraud case has been registered against Bollywood filmmaker Vikram Bhatt and eight others, including his wife Shwetambari Bhatt, for allegedly cheating a Udaipur-based doctor of Rs 30 crore.

According to reports, the complaint alleges that the couple lured the doctor into financing films, promising massive returns of Rs 200 crore, which never materialized.

Details of the Alleged Fraud

The complainant claimed that Bhatt and his associates promised high returns on film investments to entice the doctor.
The total amount allegedly cheated from the doctor is reported to be Rs 30 crore.
Investigations are ongoing to determine the extent of involvement of other individuals named in the case.

Official and Legal Response

Local authorities confirmed that a formal FIR has been registered under fraud and cheating sections.
The police have begun questioning Vikram Bhatt, Shwetambari Bhatt, and the other accused to ascertain the facts.

Implications

The case has drawn attention to investment scams in Bollywood, raising concerns for financiers and private investors in the film industry.
Legal experts note that such cases highlight the need for stringent due diligence before investing in films.