In a dramatic twist to a financial crime case, the Mumbai Police recently arrested Sunil Lodha, a former businessman, in connection with a Rs4.89 crore financial fraud. Lodha was tracked down in Delhi after being on the run for nearly two years.
However, fraud is only part of Lodha’s rap sheet. In 2023, he was also accused of molesting a Bollywood actress under the guise of producing a music album. The Juhu police had filed an FIR after the actress alleged that Lodha behaved inappropriately during a visit to her residence following a meeting at a five-star hotel.
According to officials from the Borivli police, Lodha approached the actress as a music producer, claiming he would invest in her high-budget music video. He later visited her home, where he allegedly molested her. The actress immediately contacted the police control room.
Though not arrested at the time, police recovered Rs 5.5 lakh that Lodha had claimed to invest and another Rs 1.5 lakh he paid to the agent who introduced him to the actress.
After Lodha’s recent arrest, more victims have emerged. In 2023, he reportedly:
Duped a chartered accountant of Rs2.5 crore
Took Rs50 lakh from a businessman in Punjab
Both individuals have now contacted the Borivli police. Officials expect more complaints to follow.
Lodha once operated a successful plywood business, running nine warehouses and employing 15 people. But his addiction to the stock market led to massive financial losses. In a desperate attempt to recover funds, he launched failed ventures in film production and even planned a dance bar, borrowing heavily from individuals without repaying them.
As debts piled up and pressure increased, Lodha disappeared—until his recent capture.
