Puri Jagannath, the director of super hit Telugu films like Pokkiri, Businessman etc. He has also directed films in Bollywood. Several weeks back He was in news for wrong reasons. It was rumored that the director is bankrupt. The rumor achieved credence owing to the stoic silence of the director over the issue for many days.
The director has clarified today that he was indeed cheated by people who he believed has his friends to the tune of Rs.85 crores. He has said that he could concentrate on films due to such a betrayal. However the has clarified that he will never quit cinema and always strive to give entertaining and successful commercial flicks.