A sensational financial fraud has rocked the Mumbai Railway Police, with a police officer posted in the Railway Police Crime Branch allegedly being cheated of nearly ₹92.50 lakh on the pretext of a high-return foreign investment in Hong Kong. Shockingly, the alleged mastermind of the scam is not an outsider but a police officer from the same department.
Based on a complaint filed by the victim officer, Shivaji Park Police Station has registered an FIR against three accused, including a serving police officer, and initiated an investigation. The accused have been identified as Assistant Sub-Inspector (ASI) Ravindra Darekar, Suresh Ghule and Dattatray Mohite.
According to Shivaji Park police, the complainant, Yogesh Adate (43), alleged that his senior colleague Ravindra Darekar, along with his purported business partners Suresh Ghule and Dattatray Mohite, orchestrated a well-planned fraud. The accused allegedly claimed that their security services company had received foreign investment worth ₹550 crore in Hong Kong, which was stuck due to RBI regulations and tax-related procedures.
To “release” the funds, the accused reportedly convinced the complainant to invest money, assuring him of double returns. Between February 2023 and August 2024, the complainant allegedly paid large sums in cash, through RTGS, bank transfers and even hawala transactions.
To arrange the money, the victim reportedly mortgaged his house to raise a loan, withdrew funds from his GPF account, borrowed from a police cooperative society and even sold 47 tolas of gold. However, when he demanded the return of his money, the accused allegedly began evading him and later even issued threats.
In February 2025, in an attempt to maintain trust, the accused allegedly handed over post-dated cheques worth ₹90 lakh to the complainant. However, upon bank verification, the cheques were found to be suspicious due to overwriting and technical discrepancies, further strengthening suspicions of fraud.
The complainant has also claimed that the accused cheated several other individuals in a similar manner in the name of business and investments. He has submitted call recordings, bank transaction details and relevant documents to the police.
Following the registration of the case, Shivaji Park police have launched a detailed investigation into the matter.