Jamtara producer Manish Trehan accused of dishonest businessman for Rs 2.5 crore: Report : Bollywood Information

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Jamtara producer Manish Trehan accused of dishonest businessman for Rs 2.5 crore: Report : Bollywood Information

Manish Trehan, the producer of the favored Netflix net sequence Jamtara, has been booked by the Mumbai Police for allegedly defrauding a businessman, Nihar L, of Rs 2.5 crores. The allegations recommend that Trehan misled Nihar underneath the pretext of financing a movie mission and increasing his enterprise.

Jamtara producer Manish Trehan accused of dishonest businessman for Rs 2.5 crore: Report : Bollywood Information

Jamtara producer Manish Trehan accused of dishonest businessman for Rs 2.5 crore: Report

Particulars of the Allegations

In line with a report by Indian Categorical, Nihar, a 40-year-old businessman operating a finance service agency, met Trehan in October 2022 by a mutual contact. Trehan, who launched himself because the director of Click on On RM Pvt Ltd, assured Nihar that he would return the cash inside a 12 months, together with curiosity. Trusting Trehan’s assurances, Nihar transferred Rs 2 crores to him for enterprise growth through a web based transaction.

Because the one-year time period concluded in October 2023, Trehan visited Nihar’s workplace, accompanied by a person named Satvant Singh, whom he launched as a senior official from a widely known OTT platform. Upon asking for reimbursement, Trehan claimed that the invested cash had gone into a movie that was practically full, requiring solely modifying work. He then requested an extra Rs 50 lakh to cowl last prices, assuring Nihar that the movie would quickly be offered to the OTT platform, permitting for the return of the cash.

Trusting Trehan but once more, Nihar transferred an extra Rs 50 lakh on October 5, 2023. Trehan subsequently offered a written mortgage settlement acknowledging the full Rs 2.5 crores mortgage and issued 4 post-dated cheques to be cashed by March 31, 2024.

Fraudulent Exercise Uncovered

Nevertheless, when Nihar tried to deposit the cheques, he found they’d been declined because of a cease cost order positioned by Trehan. After a number of unsuccessful makes an attempt to contact Trehan, who allegedly blocked Nihar’s calls, the businessman approached senior police officers to register a criticism.

The Santacruz police have now booked Trehan and Singh underneath numerous sections of the Indian Penal Code, together with 420 (dishonest), 406 (felony breach of belief), and 34 (widespread intention). Moreover, Nihar accused Trehan’s spouse of involvement, although her title doesn’t seem within the FIR.

Response from Trehan’s Authorized Crew

In response to the allegations, Trehan’s lawyer, Shivam Deshmukh, said that Trehan had already repaid a part of the mortgage quantity. He claimed that Nihar and his father had coerced Trehan into making an instantaneous money cost of Rs 1.6 crore. Deshmukh emphasised that Trehan has been cooperative with authorities and alleged that the FIR was filed to fulfill Nihar’s illegal calls for.

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