Mumbai EOW Arrests IPS Officer’s Husband in ₹7.2 Crore BMC Fraud Case Over Redevelopment Scam
Trending Today Mumbai EOW Arrests IPS Officer’s Husband in ₹7.2 Crore BMC Fraud Case Over Redevelopment Scam Nestlé India’s Bonus Share Proposal Reflects Confidence, Strong Governance, and Shareholder Commitment China’s Rare-Earth Export Curbs Disrupt Indian Industries: Push for Self-Reliance Gains Momentum Bihar’s Biggest Crackdown: ₹Crores in Properties Seized from 52 Criminals Under PMLA Madras High Court Halts ED Proceedings Against Film Producer, Cites Lack of Jurisdiction and Orders Return of Seized Items CLAT PG Candidate Challenges ₹30,000 Counselling Fee in Delhi High Court, Cites Financial Hardship Bombay High Court Pushes for Swift Resolution in Sony vs Tata Play Licensing Dispute Operation Thunder: How Nagpur is Leading India’s War Against Drugs with Tech and Community Power INTERNSHIP OPPORTUNITY AT LAWKARI LEGAL JOB OPPORTUNITY AT JURIDICA SOLUTION Mumbai EOW Arrests IPS Officer’s Husband in ₹7.2 Crore BMC Fraud Case Over Redevelopment Scam KASHISH JAHAN 21 June 2025 Mumbai EOW arrests IPS officer Rashmi Karandikar’s husband, Purushottam Chavan, in a ₹7.2 crore BMC redevelopment scam. Learn about the case details, legal implications, and its broader impact. ₹7.2 Crore BMC Redevelopment Scam: Mumbai EOW Arrests IPS Officer’s Husband In a high-profile financial fraud case, the Mumbai Economic Offences Wing (EOW) has arrested IPS officer Rashmi Karandikar’s husband, Purushottam Chavan, for allegedly defrauding a Mumbai-based businessman of ₹7.2 crore. The scam involved promises of securing municipal approvals from the Brihanmumbai Municipal Corporation (BMC) for a redevelopment project. Legal Framework: IPC Sections and Criminal Charges The case has been filed under key provisions of the Indian Penal Code (IPC), including: Section 420 – Cheating Section 406 – Criminal breach of trust The EOW is also examining the angle of criminal conspiracy, indicating a possible network of collaborators. The Allegations: Promise of BMC Clearance As per the complaint, Chavan convinced the victim that he could use his “influence” to secure necessary clearances from the BMC for a redevelopment initiative. Over a span of several months, he allegedly collected ₹7.2 crore in multiple transactions, claiming it was required for “official procedures.” Who Are the Key Individuals and Entities Involved? The Complainant: A prominent Mumbai-based real estate developer who has suffered significant financial and reputational losses. Purushottam Chavan: Currently in police custody, accused of orchestrating the entire fraud. Rashmi Karandikar: While not directly named in the FIR, her position as an IPS officer has brought added media attention. BMC: The functioning of its internal clearance process is now under scrutiny for possible loopholes or insider involvement. Key Developments in the Case Chavan has been produced before a magistrate and remanded to police custody until June 24. EOW officials are actively tracing fund movements to determine if the defrauded amount was siphoned or laundered. Investigations are also looking into whether any BMC officials were complicit in the conspiracy. Wider Impact and Public Significance This case has brought into focus the dangers of influence-peddling and how personal connections can be manipulated to exploit systemic loopholes. It underscores the importance of transparency and accountability in government approval processes, particularly in high-stakes sectors like urban redevelopment. A senior EOW official remarked:“We are determined to bring all involved to justice, regardless of their connections or status.” Legal and Constitutional Relevance The case brings into sharp relief the principle of Article 14 of the Indian Constitution, which guarantees equality before the law. The EOW’s approach emphasizes that no one is above the law, regardless of familial or bureaucratic ties. Leave a Reply Cancel Reply Logged in as Sada Law. Edit your profile. Log out? Required fields are marked * Message* Live Cases Mumbai EOW Arrests IPS Officer’s Husband in ₹7.2 Crore BMC Fraud Case Over Redevelopment Scam Sada Law • June 21, 2025 • Live cases • No Comments Nestlé India’s Bonus Share Proposal Reflects Confidence, Strong Governance, and Shareholder Commitment Sada Law • June 21, 2025 • Live cases • No Comments China’s Rare-Earth Export Curbs Disrupt Indian Industries: Push for Self-Reliance Gains Momentum Sada Law • June 20, 2025 • Live cases • No Comments 1 2 3 … 5 Next »
