https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

ED Registers Money Laundering Case Against IPS Officer Rashmi Karandikar’s Husband – Know the Case

The case is based on two FIRs lodged by the Economic Offences Wing (EOW) of Mumbai Police earlier in February this year, involving alleged frauds that occurred between March 2015 and April 2024
Indian Masterminds Stories

The Enforcement Directorate (ED) has filed a fresh case under the Prevention of Money Laundering Act (PMLA) against Mr. Purushottam Chavan, the husband of Dr. Rashmi Karandikar, a 2004-batch Maharashtra cadre IPS officer. The case is based on two FIRs lodged by the Economic Offences Wing (EOW) of Mumbai Police earlier in February this year, involving alleged frauds that occurred between March 2015 and April 2024.

Also Read: Karnataka: Lokayukta Recommends Action Against IPS Officer in Rs5 Crore Crypto Extortion Case – Know the Case Here

Rs. 24.78 Crore Fraud in Name of Government Quota Flats

According to the FIR, Mr. Chavan and 11 others are accused of duping 20 individuals of approximately Rs. 24.78 crore by falsely promising flats under the government quota in Mumbai, Thane, and Pune. Victims were allegedly lured with the promise of obtaining flats at cheaper rates by leveraging Chavan’s claimed influence in government departments. However, none of the promised flats were delivered.

Another Rs. 7.42 Crore Fraud on Pretext of Government Land and Police Contract

In the second case, Chavan allegedly defrauded Surat businessman Mr. Raosaheb Desai and others of Rs. 7.42 crore. He had assured them of obtaining government land at low prices and securing a contract to supply T-shirts to the Maharashtra Police Academy in Nashik. None of these promises were fulfilled.

Multiple Arrests and Ongoing Custody

Chavan, who is already in judicial custody, was arrested by the EOW in connection with both fraud cases. Additionally, the ED had earlier arrested him in May 2023 in connection with a Rs. 263 crore income tax refund scam, for which he remains in custody. The Gujarat Police have also arrested him recently in another separate fraud case.

Scrutiny on IPS Officer Rashmi Karandikar

The investigation has also brought attention to Dr. Rashmi Karandikar, Chavan’s wife and a senior Maharashtra cadre IPS officer. She has been questioned by the EOW for allegedly investing Rs. 2.5 crore—sourced from Chavan’s ICICI Bank account—into share trading. However, she has not been named an accused in any of the cases so far.

Possible Departmental Action Under Review

The EOW has written to the Director General of Police (DGP) office in Maharashtra, seeking clarification on whether Dr. Karandikar had informed the department before engaging in share trading, as per service conduct norms. If it is found that she breached these norms, departmental action may be initiated. An EOW officer noted that they are awaiting the DGP office’s response and will act based on the findings.

Notably, Dr. Karandikar has distanced herself from Mr. Chavan amid the ongoing investigations.

Also Read: Inside the DGP Race: Why Rajiv Sharma Was Chosen to Lead Rajasthan Police?


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Delhi High Court
Delhi HC Orders Preservation of Digital Records in IAS Officer’s Harassment Case
Uttar Pradesh govt
IAS Alok Kumar Appointed Additional Chief Secretary of Uttar Pradesh
sanjiv
Show-Cause Notice to IFS Officer Over Alleged Eco-Hut Scam in Munsyari
ias assoc-1
S Krishnan Elected President of Central IAS Association; Key Officers Named
UP Police
UP Government Assigns First Field Postings to 22 IPS Officers
Uttar Pradesh UP Government
DoPT Clears Promotion of 22 UP PCS Officers to IAS
crof
CRPF a Pillar of Internal Security, Says PM Modi on 87th Raising Day
Panna Tiger Reserve PTR
Uttarakhand Gears Up for Tiger Census, Scientific Survey to Begin in October
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-26 at 13.16
What Most Indians Don't Know About Jim Corbett
WhatsApp Image 2025-07-24 at 18.24
How Fireflies and Butterflies Returned In Corbett’s Homeland
Chhoti haldwani
The Forgotten Village of Jim Corbett Comes Alive Again
ADVERTISEMENT
UPSC Stories
IAS Priyansha Garg
Why Mindset Matters: IAS Priyansha Garg’s Mental Health Mantra for UPSC
After two failed prelims, Priyansha Garg cracked UPSC with AIR 31 in her fourth attempt, proving how...
Ashish Akshat
From Setback to State Topper: How Ashish Akshat Topped JPSC While Working Full-Time
Ashish Akshat from Dhanbad topped JPSC 2023, proving that resilience, discipline, and family support...
pulkit bansal new
How a Village Shifted Dr. Pulkit Bansal’s Stethoscope to a Sarkari File
From AIIMS Delhi to AIR 155 in UPSC, Dr Pulkit Bansal’s village posting turned a doctor’s stethoscope...
Social Media
Mangroves
Mangroves: Nature’s Shield Against Disasters, Says Officer Parveen Kaswan on Mangroves Day - Watch His Post Here
Mangroves, with their dense, interlaced root systems, form a mesh-like structure that serves as a buffer...
Retired IPS Inderjit Singh Sidhu
Purpose Doesn’t Retire: How 88-Year-Old Retired DIG Becomes Chandigarh’s ‘Quiet Warrior’ of Cleanliness
Inderjit Singh Sidhu’s Dawn Patrol Earns Applause, Mahindra’s Praise for a Man Who Chose Action Over...
Kashish Mittal ex IAS
Ex-IAS Officer Kashish Mittal’s Soulful Rendition of ‘Unke Andaz-e-Karam’ Goes Viral
Former IAS Officer and IIT Delhi Graduate Wins Hearts with Nusrat Fateh Ali Khan Cover
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Delhi High Court
Delhi HC Orders Preservation of Digital Records in IAS Officer’s Harassment Case
WhatsApp Image 2025-07-26 at 15.37
IAS T Vijay Kumar, The Man Who Chose to Heal the Soil
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-26 at 13.16
WhatsApp Image 2025-07-24 at 18.24
Chhoti haldwani
ADVERTISEMENT
ADVERTISEMENT