All posts tagged: EOW

EOW: AI used to fake Dubai remittances inThanawala investment fraud

EOW: AI used to fake Dubai remittances inThanawala investment fraud

Published by Parlour News

MUMBAI: The Economic Offences Wing (EOW) has filed a charge sheet against Dipen Thanawala and his father Rashmikant Thanawala, alleging they collected at least ₹2.27 crore from investors by promising assured returns and then used artificial intelligence (AI) tools to fabricate Dubai bank transfer records, forged emails and cloned banking interfaces to convince investors that refunds were imminent. EOW: AI used to fake Dubai remittances inThanawala investment fraud Investigators also claim they found an undisclosed Canara Bank account with a balance of ₹8 crore on a laptop seized from the accused. The charge sheet, filed before a special court under the Maharashtra Protection of Interest of Depositors (MPID) Act, alleges the duo collected money through Thanawala Wealth Management by offering 2% monthly returns before persuading investors to buy pre-IPO shares of companies, including the NSE and Vikram Solar. Initial returns were allegedly paid before payments stopped in 2025 and the shares were never transferred. As investors sought refunds, Dipen allegedly circulated fabricated First Abu Dhabi Bank (FAB) transfer advice, fake emails and screenshots of purported …

Clean chit for Ajit Pawar: Mumbai court accepts EoW closure report in Rs 25,000-crore Maharashtra State Co-operative Bank case | Legal News

Clean chit for Ajit Pawar: Mumbai court accepts EoW closure report in Rs 25,000-crore Maharashtra State Co-operative Bank case | Legal News

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3 min readMumbaiFeb 27, 2026 05:32 PM IST A special court in Mumbai Friday accepted the closure report filed by the Economic Offences Wing (EOW) in the Rs 25,000-crore Maharashtra State Cooperative Bank case, clearing those probed, including late Maharashtra deputy chief minister Ajit Pawar, a firm linked to Deputy CM Sunetra Pawar, and over 70 others. Special judge Mahesh Jadhav accepted the C-summary closure report filed by EOW, stating that no criminal case is made out. The court also rejected the protest petitions filed by activist Anna Hazare and others, as well as an application by the Enforcement Directorate to intervene. The probe in the case began following directions of the Bombay High Court in 2019. The case concerned loans given to sugar factories by cooperative banks, including the Pune District Central Cooperative Bank, where Ajit Pawar had served as a director from 1995. EOW and the Enforcement Directorate alleged that several sugar factories were deliberately shown as financially unviable, and then declared non-performing assets before being sold at low prices to companies allegedly …

Pune land deal case: EOW files 1,886-page chargesheet

Pune land deal case: EOW files 1,886-page chargesheet

Published by Webster

The Economic Offences Wing (EOW) has filed a 1,886-page chargesheet in connection with the Pune land deal case alleging that Shital Tejwani, who held power of attorney for a prime 40-acre plot in Mundhwa, executed its sale even though she knew the land belonged to owned by Maharashtra government, reported the PTI. The land was sold to Amadea Enterprises LLP, a firm co-owned by Parth Pawar, the son of the late Deputy Chief Minister Ajit Pawar, according to the chargesheet. The sale was reportedly valued at Rs 300 crore. While First Information Reports (FIRs) were registered against the signatories and vendors involved in the land deal, Parth Pawar’s name was not included in the police case, officials said, according to the PTI. The chargesheet was filed by the EOW against Shital Tejwani on January 28, Pune Commissioner of Police Amitesh Kumar stated on Monday. The investigation is still underway against Digvijay Patil, co-owner of Amadea Enterprises LLP, and suspended tehsildar Suryakant Yeole, the police chief added, the news agency reported. Government land sold despite ownership …

500 crore scam: EOW arrests three, over 11,000 investors cheated in Maharashtra

500 crore scam: EOW arrests three, over 11,000 investors cheated in Maharashtra

Published by Parlour News

Image used for representational purposes. File | Photo Credit: iStock/Getty Images The Economic Offences Wing (EOW) has arrested a couple and their associate, who allegedly swindled more than 11,000 investors, including police officials, from across Maharashtra of over ₹500 crore, police said on Saturday (January 31, 2026). In a coordinated action, the Thane police’s EOW tracked down the accused, Sameer Narvekar, his wife Neha, and their associate Amit Palaw, in neighbouring Gujarat on Thursday (January 29, 2026), an official said. According to police, the accused established an investment company, Trade with Jazz, with its headquarters in Pune in 2019, offering a scheme that allegedly drew in more than 11,000 people, including 1,500 police personnel, from across Maharashtra. The trio allegedly lured victims with promises of a 4% monthly return on stock market trading and allied ventures, the official said, adding that the firm projected monthly earnings of nearly 10% to build credibility. The company abruptly shut its offices and stopped responding to investors, prompting a flood of police complaints, he said. According to the initial …

Chhattisgarh EOW files charge sheet against businessman aide in ₹175cr rice milling case

Chhattisgarh EOW files charge sheet against businessman aide in ₹175cr rice milling case

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RAIPUR: The Economic Offences Wing (EOW) has filed a supplementary charge sheet against rice milling case accused Dipen Chawda, an associate of businessman Anwar Dhebar, alleging that Chawda collected nearly ₹20 crore from public servants in connection with the ₹175-crore case. The charge sheet was submitted in the Special Court (Prevention of Corruption Act) in Raipur, EOW said in a statement on Tuesday. The charge sheet was submitted in the Special Court (Prevention of Corruption Act) in Raipur, EOW said in a statement on Tuesday. Chawda was arrested last month and has been described as a key aide of Dhebar. So far, EOW has arrested five people in the case. According to the EOW, Chawda had allegedly collected nearly ₹20 crore from public servants. The first chargesheet in the case was filed in February this year against former managing director of Chhattisgarh State Cooperative Marketing Federation Ltd (CG-Markfed) Manoj Soni and Roshan Chandrakar, treasurer of the Chhattisgarh State Rice Millers Association and a rice miller. A supplementary chargesheet was later filed in October against businessman …

Vendors picked for willingness to pay bribes, not merit: EOW in DMF charge sheet | Latest News India

Vendors picked for willingness to pay bribes, not merit: EOW in DMF charge sheet | Latest News India

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RAIPUR: The Economic Offence Wing (EOW) on Tuesday filed its charge sheet in connection with irregularities in the District Mineral Fund (DMF) in Chhattisgarh’s Korba district, alleging that the officials did not select vendors on merit but their willingness to pay bribes. The 6,000-page chargesheet mentioned nine names. (Representative file image) Among the state government officials named in EOW’s 6,000-page charge sheet are former Korba collector Ranu Sahu, former deputy secretary at then chief minister Bhupesh Baghel’s office Saumya Chaurasia, and Maya Warrior, assistant commissioner at the Tribal Development Department. The other accused include Suryakant Tiwari, an influential businessman in the coal industry, Maya Warrior, assistant commissioner, Tribal Development Dept and several vendors and contractors such as Sanjay Shende, Rishabh Soni, Manoj Kumar Dwivedi, Mukesh Agrawal, and Ashok Agrawal who are currently in jail in Raipur. The EOW probe stems from a report submitted by the Enforcement Directorate (ED), Raipur, under the Prevention of Money Laundering Act (PMLA), which led to the registration of FIR on January 16, 2024. EOW said the DMF was a …

Dino Morea questioned in Mithi River scam case, actor reaches EOW office along with brother Santino

Dino Morea questioned in Mithi River scam case, actor reaches EOW office along with brother Santino

Published by Webster

Actor Dino Morea has been questioned by the EOW of the Mumbai Police in the Mithi River scam case. His brother Santino is also being questioned at the time of writing. New Delhi: The investigation of Mumbai’s much-discussed Mithi River scam is now getting deeper. After the name of Bollywood actor Dino Morea came to the fore in this scam, he appeared at the Economic Offences Wing office on Monday morning. If sources are to be believed, Morea arrived at around 11 am to record his statement in front of the investigating officers. According to EOW sources, Morea was summoned after investigators discovered multiple phone conversations between him, his brother, and the prime accused, Ketan Kadam. The nature and context of these conversations are currently under scrutiny. But reportedly, several shocking revelations have been made so far in the EOW investigation. In the latest update, it has come to light that there have been several conversations between Dino Morea, his brother and the main accused of this scam, Ketan Kadam. The recordings and data …

Mumbai police’s EOW arrests 2 middlemen in multi-crore Mithi River desilting scam | Mumbai News

Mumbai police’s EOW arrests 2 middlemen in multi-crore Mithi River desilting scam | Mumbai News

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The Mumbai police Economic Offences Wing (EOW) Wednesday arrested two people allegedly involved in the multi-crore Mithi River desilting scam. On Tuesday, the agency booked 13 people, including three Brihanmumbai Municipal Corporation (BMC) officials. Sangramsinh Nishandar, Deputy Commissioner of Police, EOW, identified the arrested accused as Ketan Kadam and Jay Joshi, and said both will be produced before a court. Joshi is the owner of Virgo Specialties Pvt Ltd, and Ketan Kadam is of Voder India LLP. After months of inquiries, EOW SIT officials came across various financial irregularities pertaining to Mithi river desilting works contracts between 2021-22 and 2022-23. These irregularities were related to the transportation of sludge and its dumping on the ground. Story continues below this ad EOW found that the contractors submitted nine fake MoUs. After the FIR, the probe agency also searched seven places, including houses of BMC officials, contractors and the middlemen. The EOW booked the accused under sections 406, 409, 420, 465, 467, 468, 471, 120-B of the Indian Penal Code (IPC). BMC assistant engineer Prashant Ramugade, deputy …

Mumbai EOW summons IPS officer to question her in cheating cases against husband; Rashmi Karandikar fails to turn up | Mumbai News

Mumbai EOW summons IPS officer to question her in cheating cases against husband; Rashmi Karandikar fails to turn up | Mumbai News

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The Economic Offences Wing (EOW) of the Mumbai police has recently summoned IPS officer Rashmi Karandikar to question her in connection with two cases filed against her husband Purushottam Chavan for alleged frauds to the tune of Rs 32 crore. A senior EOW officer told The Indian Express on Thursday that though Karandikar, a Maharashtra cadre IPS officer, was summoned to its office, she did not turn up, and hence they are planning to issue a second summons to her. The EOW is planning to record Karandikar’s statement to check her role, if any, said a source. ARTICLE CONTINUES BELOW VIDEO Last month, EOW registered two cases against Karandikar’s husband Chavan for the alleged offences that took place between March 2015 and April 2024. Story continues below this ad In the first case, Chavan and 11 others allegedly duped 20 people of Rs 24.78 crore under the pretext of selling them government quota flats in Mumbai, Thane, and Pune at concessional rates using his influence in the government. He and his associates promised them development …

Mumbai police EOW files 27,134-page chargesheet in Torres fraud case | Mumbai News

Mumbai police EOW files 27,134-page chargesheet in Torres fraud case | Mumbai News

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Mumbai Police Economic Offences Wing (EOW) on Monday filed a 27,134-page chargesheet in the multi-crore Torres fraud case in which around 60,000 investors were allegedly duped by a company Platinum Hern Pvt through a Ponzi scheme promising huge returns. The EOW stated that the chargesheet has been filed against Platinum Hern Pvt Lt, that operated Torres jewellery company, arrested accused Tania alias Tazagul Xastova, Valentina Ganesh Kumar, company director Sarvesh Surve, alleged hawala operator Alpesh Khara, company CEO Tausif Riyaz, Armen Atian and Lallan Singh. According to police, the amount involved in the fraud, allegedly masterminded by a group of Ukrainian nationals, was around Rs 200 crore. Story continues below this ad EOW investigators have recorded statements of 280 witnesses and identified whistleblower CA Abhishek Gupta as the key witness in the case.The EOW officers submitted the chargesheet before special MPID court under sections 316(5), 317(2), 317(4), 317(5), 318(5), 61 BNS Act and 3, 4 MPID Act and 21, 23 BUDS Act. Eight Ukrainian nationals — Victoriia Kovalenko, Oleksandr Borovyk, Oleksandr Zapichenko, Oleksandra Brunkivska, Oleksandra …