Film producer Vipul Shah duped of 5 cr in iridium scam

Agencies
October 26, 2019

Nagpur, Oct 26: A case has been registered here against three persons for allegedly cheating film producer-director Vipul Shah and his business partner of Rs 5 crore by luring them into investing in `iridium business'.

The Nagpur Police's Economic Offences Wing has arrested one person in the case, an official said on Friday.

Similar scams related to the so-called iridium mining business have been reported in the past too.

Vipul Shah is the producer of many Bollywood films including "Singh Is King", "Commando" and "Force".

According to his complaint, the accused approached him and his partner in his film production house, Vinit Singh, sometime in 2010, promising to invest Rs 100 crore in film- production.

The accused told Shah and his partner that they were in the lucrative business of collecting antiques and British- era coins which contain iridium, a rare metal.

Iridium is in great demand for its `supernatural powers' and even the defence forces need it, the accused told Shah and his partner.

They allegedly offered Shah and Singh an opportunity to invest in this business.

Shah said in his complaint that he and his partner travelled all across the country with the accused, spending their own money and even transferring some money to the accused, in connection with the so-called business before they realized that they were being taken for a ride.

They had spent around Rs 5 crore during these travels, Shah told the police.

After Shah lodged a complaint at Ambazari police station here (as he had met the accused for the first time in Nagpur), the EOW arrested one Raj Singh under IPC section 420 (cheating) and other relevant sections.

Two other accused in the case are yet to be arrested.

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News Network
June 4,2020

Mumbai, Jun 4: Casting director Krish Kapur, who had worked on films like Mahesh Bhatt's Jalebi and Kriti Kharbanda-starrer Veere Ki Wedding, passed away at the age of 28 due to brain hemorrhage, his family said.

There was speculation that Kapur died in a road accident but his maternal uncle, Sunil Bhalla, dismissed the reports, saying that the casting director fainted at his home in suburban Mira Road here and suffered brain hemorrhage.

According to Bhalla, Kapur breathed his last on May 31.

"He had no medical history. He was healthy and doing absolutely fine. On May 31, he just collapsed and started to bleed. He died of brain hemorrhage," Bhalla said on Wednesday.

Kapur is survived by his mother, wife and seven-year-old child.

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News Network
January 12,2020

Mumbai, Jan 12: Shiv Sena leader Sanjay Raut on Sunday came out in support of actor Deepika Padukone, who is facing flak from the BJP and some other quarters over her visit to the JNU campus in Delhi to express solidarity with students who were recently attacked by armed assailants.

Raut, who is a Rajya Sabha member and the executive editor of Shiv Sena mouthpiece 'Saamana', said the country cannot be run in a "Talibani" style.

After Padukone's visit to the Jawaharlal Nehru University (JNU) on Tuesday, many appreciated her "silent solidarity", but some others criticised her for "supporting Leftists", saying it was a promotional stunt for her latest film "Chhapaak".

Some also demanded a boycott of her film, based on the life of an acid attack survivor, played by Padukone.

A section of BJP leaders also criticised the 34-year- old actor over her JNU visit.

Talking to PTI, Raut said, "The demand for boycott of the actress and her film is wrong. The country cannot be run in a 'Talibani' style."

"Chhapaak", directed by Meghna Gulzar, hit the theatres on Friday.

Declaring a movie tax-free means the state has waived the entertainment levy imposed on it, thereby bringing down the ticket rates and encouraging more people to watch it.

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News Network
February 27,2020

Mumbai, Feb 27: Bollywood superstar Shah Rukh Khan on Wednesday said it's with constant education that a country, a family can move forward as there is never an end to learning.

In December last year, when the actor visited the Indian Film Festival of Melbourne, the La Trobe University announced the 'Shah Rukh Khan La Trobe University PhD Scholarship'. At the event to announce therecipient of the scholarship here on Wednesday, Shah Rukh said it was his honour to lend his name or be attached to the scholarship.

"I am a big believer in education. I truly believe that the way forward for any country, any family, city, state is by educating itself more and more.

"There is never an end to education. I've come to realise the more I know, I figure out, the less I understand. It's very important to keep educating ourselves for the rest of our lives.

"I've always believed education in India and elsewhere in the world, is the most important step forward for any nation," he said.

The scholarship aims to provides an opportunity for an aspiring female researcher from India to undertake research.

The 54-year-old superstar said what also will help taking the world move ahead is educating women.

"Related to the fact, is of course, education of women, empowering women, to look after themselves to look after their families...

"If you are able to empower them with education, the world goes even further forward," the actor added.

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