Interior Designer Harshul Rai Under ED Probe in Money Laundering Case

Background Harshul Rai is a well-known interior designer renowned for high-end luxury projects across India's major cities. Over recent years, his firm has attracted elite clients for bespoke design works. Allegations & Investigation Recent accusations signal that Rai is now the subject of a probe by the Enforcement Directorate (ED) . The legal action originates from suspicions around money laundering connected to shell companies reportedly tied to Rai's businesses Preliminary audits of transactions dating from 2020 to 2024 have uncovered financial irregularities. Investigators allege that significant sums were routed through fake invoicing and layered corporate structures to conceal the origin of funds—common indications of laundering activity Nature of the Investigation The ED is said to be examining multiple shell entities. Authorities suspect layering and concealment tactics consistent with money-laundering schemes tied to real-estate and high-value de...