Massive Land Scam in Goa: ED Finds ₹1,000 Crore in Property Assets During Raids

Large-Scale Raids Across Goa

The Directorate of Enforcement (ED) recently conducted extensive search operations at multiple locations in Goa, uncovering property documents valued at over ₹1,000 crore. The raids, held on Thursday and Friday, were carried out under the Prevention of Money Laundering Act, 2002 (PMLA) following intelligence inputs and subsequent financial investigations.

Key Accusations and Mastermind Identified

According to sources, Rohan Harmalkar, an Independent candidate in the 2022 Goa Assembly elections, allegedly emerged as the principal figure behind the scam. Officials claimed that Harmalkar and his associates orchestrated a widespread conspiracy involving the illegal appropriation of land by employing methods such as impersonation, fabrication of documents, and manipulation of revenue records.

Victims and Financial Distress

Authorities indicated that numerous properties, originally owned by private individuals and family estates, were unlawfully sold without the owners' knowledge or consent. This caused significant financial and legal hardships for the rightful landowners.

Scale of Fraud and Assets Seized

The ED reported that the investigation revealed forged title deeds and fraudulent transfers of high-value land parcels, particularly in prime tourist areas like Anjuna, Arpora, and Assagao in Bardez Taluka. Property documents with a cumulative market value exceeding ₹1,000 crore were discovered, along with original immovable property papers valued at over ₹600 crore.

Money Laundering and Benami Investments

Officials further stated that proceeds from the scam were laundered through various individuals and benami entities and subsequently invested in real estate, luxury vehicles, and other high-value assets. The investigation is ongoing to trace the complete money trail, identify additional beneficiaries, and examine the involvement of government officials in facilitating these illegal transactions.

Background: SIT Formation and Previous Actions

The Goa government had previously established a Special Investigation Team (SIT) in June 2022 to probe cases of illegal land transfer and land grabbing through forged documents. As of December 2024, the SIT had registered 44 FIRs involving over 100 properties, arrested 56 individuals—including government officials—and investigated around 1.5 lakh square meters of land. Additionally, a Commission of Inquiry led by retired Justice V. K. Jadhav was appointed in September 2022 to look into the matter.

Disclaimer: The information provided in this article is based on publicly available reports and official statements regarding ongoing investigations. While every effort has been made to ensure accuracy, the details are subject to change as the investigation progresses. This article does not intend to make any accusations or legal conclusions against any individuals or entities mentioned. Readers are advised to refer to official sources and verified updates for the latest information. This website assumes no responsibility for any consequences arising from the use of the information contained herein.