Pune: EOW Calls For Document Submissions In Multi-Crore DSK Fraud Case; Cites Record Errors

Pune, 16th May 2025: In a significant development in the ongoing investigation against construction businessman Deepak Sakharam Kulkarni (DSK), the Economic Offences Wing (EOW) has called for the submission of crucial documents related to investments made with DSK and his companies. The collected documents include investment records, depositors’ lists, and the list of short-term borrowers seized from DSK’s office.

The EOW has identified discrepancies in the documentation and plans to rectify these errors before presenting the records in court. According to an official statement from the EOW, investors have been asked to submit their documents daily until 29th May at the EOW headquarters in Shivajinagar, Pune, between 10:30 am and 6 pm.

The seized records have been categorized into three lists:

List A: Contains the list of depositors obtained from the computer systems at DSK’s office.

List B: Includes investment-related documents and depositors’ details held by the EOW.

List C: Comprises the list of short-term borrowers.

Several discrepancies have been noted in the documentation. Some depositors have failed to provide deposit receipts, canceled bank cheques, and Aadhaar photocopies. Additionally, some deposit amounts have been inaccurately recorded. Investors whose names do not appear in either the ‘A’ or ‘B’ lists but are listed as DSK MPID Fixed Deposit holders have been directed to submit their documents between 2nd June and 7th June.

Meanwhile, DS Kulkarni Developers Ltd (DSKDL), a public limited company, has forwarded the names of its fixed deposit investors to the National Company Law Tribunal (NCLT), and therefore, their information will not be accepted by the EOW. It is further stated that after rectifying the discrepancies, the final consolidated list will be submitted to the court after 20th June.