ED conducts search operations in connection with conman Sandeep Desai

New Delhi, January 7

Directorate of Enforcement (ED) conducted search operations under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 at a premise in Hyderabad related to a conman named Sandeep Desai. 

The searches conducted at the residential premises of the said conman led to the recovery & seizure of multiple SIM cards and mobile phones used by the conman to entice and extort money from persons facing ED investigation.
 

The probe revealed that conman Sandeep Desai contacted Suresh Kumar Agarwal, Managing Director of CSK Realtors and tried to extort money from him in the name of ED officers. The conman, Sandeep Desai, used three different mobile numbers to contact  Suresh Kumar Agarwal through Whatsapp and falsely projected himself as senior ED officers. He convinced Suresh Kumar Agarwal to meet him at a 5 star hotel in Hyderabad and during the meeting introduced himself as ‘Rakesh’ and a cousin / friend of an ED officer. The conman demanded a hefty sum from Suresh Kumar Agarwal and offered to help him in the ongoing PMLA investigation against CSK Realtors through his contact with ED officers

ED filed a complaint against Agrawal and the alleged conman was identified through CCTV footage & surveillance and his whereabouts were ascertained. Subsequently, search operations were conducted at his residential premises from where various SIM cards and mobile phones used by him were seized. In his statement recorded during the course of investigation, the said conman, Sandeep Desai, admitted that he tried to extort money from Suresh Kr. Agarwal in the name of ED officers by falsely projecting his association with them.