Sachin Joshi, the son of JMJ group promoter and businessman J M Joshi is a noted actor and producer in Bollywood and also a known personality among the Telugu audience.
The actor and producer landed jn a legal soup and the allegation is that he has claimed a loan amount Rs 410 crore which is fraudulently acquired by Surana Developers Wadala, LLP, a sister concern of Omkar Realtors and Developers Pvt Ltd (ORDPL). Sachin Joshi is currently in jail under judicial custody. According to the latest reports, Sachin was granted bail by Mumbai’s special PMLA court in a money laundering case linked to Omkar Realtors and Developers. Despite getting the bail, the special court has imposed some conditions on him.
The actor and businessman is currently out on interim bail granted by the Supreme Court on medical grounds. His request for regular bail also got allowed by special judge MG Deshpande on a personal bond of Rs 30 lakh.
