ACCUSED SOLD FILM’S DISTRIBUTION RIGHTS TO 3 PARTIES IN 23 DAYS

A look at what the Economic Offences Wing's charge sheet has to say about the accused, director of production house Kriarj Entertainment Private Limited

Arora, entered into a deal with Gothic Entertainment Pvt Ltd for distribution rights of films 'Kedarnath' and 'Padman' on November 23, 2017

Arora fraudulently sold the distribution rights of the film 'Kedarnath' three times in 23 days to three different parties. She sold the rights to producer Vashu Bhagnani and two other companies one after another without letting any of them know and pocketed nearly ₹31 crore from the deals

Arora has been charged under section 420 (cheating), 120B (criminal conspiracy) and 34 of the Indian Penal Code

She was arrested on December 7, 2018 and is currently lodged in Byculla women's jail

After her arrest, Arora initially disowned the fraudulent activities of Kriarj Entertainments. However, it was found that

Kriarj’s official Twitter and Instagram accounts showed her as one of the founders of the company

Prerna also misused information of her failed deal with Bollywood superstar Amitabh Bachchan to convince those who she owed money. Once when a popular film director was asking Arora for his

Prerna Arora, money, she sent him a Unique Transaction Reference number, which is generally used for NEFT or RTGS transactions

This UTR number was generated when Bachchan had returned her over ₹1.5crore around two years ago in connection with a reportedly failed deal for a film project. By showing this UTR number to the film director, she had tried to give him an impression that she has money and would return it soon Arora has made two passports in her name with false information. Apart from this, she had also hidden her real birth date, made bogus driving licence and a fake PAN card Her mother Pratima Arora, 71, and another director in company Arjun N Kapoor, are also wanted in the case Arora has been booked in three FIRS filed by the EOW of the Mumbai Police and one by the Delhi Police for similar frauds

ARORA FEARED FOR HER SAFETY, PAID BODYGUARD ₹50,000 MONTHLY SALARY

After creditors started pressing Arora for payments, Arora started getting concerned about her safety. Hence, she asked her bodyguard to increase his working hours. The bodyguard, a witness in the case, told cops that he has been working for Prerna since 2013. However, in the six to eight months before her arrest in December 2018, his work load had increased and Arora had raised his salary from ₹16,000 to

₹50,000 per month

MOST CHEQUES GIVEN BY HER BOUNCED

According to the EOW’S investigations, since January 2017, Arora allegedly purchased luxury items from high-end labels worth ₹3.39 crore. Staff at four prominent city stores described Arora as an elite and regular customer in their statements to the police. Payment was made to the stores from Kriarj Entertainment’s account. However, Arora owes these storeslakhsdueto non-payment and bounced cheques

An advertisement agency told investigators that Arora owes them payment of ₹1.58 crore for advertisements of her films. She had given them five cheques, but all of them bounced