ED Arrests Fifth Suspect in 263 Crore Tax Refund Fraud and Money Laundering Case

The Enforcement Directorate (ED) has arrested Purshottam Chavan in connection with a 263 crore income tax refund fraud and money laundering case. Chavan’s arrest marks the fifth arrest in the case. The ED alleges that Chavan and other accused attempted to obstruct the investigation and diverted crime proceeds. The ED has seized property documents, foreign currency, and mobile phones from Chavan’s residence.

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