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Noted film financier arrested in Chennai

The Central Crime Branch (CCB) led by Inspectors Vasanthan and Meenapriya has arrested the noted film financier in Tamil Industry Muundchand Bothra who is known for filing cheque bounce cases on famous actors and personalities including Rajnikanth, Kasthuri Raja, Raghava Lawrence, Vendhar movies Madhan to name a few, all of them were being dismissed in the court.

Bothra and his sons Sandeep Bothra and Gagan Bothra were arrested based on the complaint lodged by  Senthil Ganapathy, owner of PRC Internatinal Hotels Pvt Ltd,T.Nagar.


e is said to have taken Rs.83.5 lakhs as loan from Bothra in 2016 for the upgradation of his hotel. He was asked to transfer Rs.4 lakhs as interest and the complainant has alleged that he has transferred few lakhs between 2016-17 which has been adjusted only towards the interest for the loan and was told that it is mandatory to pay 60% as interest for the loan amount obtained. The total amount demanded was Rs.4 crores.The trio had taken complainant’s signature in a bond paper with which they have made the documents in their favour mentioning that the hotel was sold to them and an advert to this effect were being published on dailies asking the general public to refrain themselves from entering into any transaction with the complainant. 

Mukundhand Bothra who has been arrested several times earlier has been booked under different sections of IPC including Section 420(Cheating) and Sec 465(Punishment for Forgery). They are also been arrested in another case that was lodged by film director J Satish Kumar of JSK Film Corp who has won National Awards thrice continuously. He is about to release 6 films including “Andaava Kanom”, “Tharamani”, “Puriyadha Pudhir” etc. The accused did not allow these movies to be released and threatened to take over properties worth Rs.80 crores. He was also asked to cough up Rs.4.5 crores for borrowing a mere Rs.15 lakhs. The accused had filed up the amount himself and bounced the cheque willingly and filed a case under Negotiable Instruments Act for Rs.1.98 crores. He did this demanding Rs.1.5 lakhs as interest for every 15 days. He has also attached the complainants two properties worth Rs.40 crores each which he has mentioned it as “gigantic bungalows”.

Many new cars were seized by the trio from those who were unable to pay the exorbitant interest which was found parked in his residence. There were 7-9 cars parked in his residence.

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