Veteran actress Varsha Usgaonkar, celebrated for her roles in ‘Tiranga’ and ‘Doodh Ka Karz’, has become the face of a multi-crore fraud uncovered in Mumbai. Alongside actress Mrunalini Jambhale and others, she accuses Avinash Jadhav of a calculated Rs 47 lakh swindle through a sham property investment.
Shivaji Park Police have launched a full probe after the FIR under IPC 420 and 506. Jambhale’s business ties with Jadhav turned sour when his Dombivli project promises—sky-high returns and swift refunds—proved illusory.
Over four months in 2019-2020, the victims funneled funds digitally and via cheques. Jadhav’s partial refund of Rs 4.52 lakhs was a ploy to sustain confidence, after which he cut all ties, relocating and blocking communication. A bold confrontation elicited only defiance and threats.
Usgaonkar’s illustrious career, spanning Bollywood gems like ‘Honeymoon’ and persistent Marathi engagements, now intersects with this criminal saga. Police suspect a broader victim pool and are tracing Jadhav’s trails.
This episode exposes chinks in celebrity financial dealings, urging caution against silver-tongued imposters. With evidence mounting, justice appears on the horizon for these defrauded stars.