Millionaire couple Stephanie and Garrett Jandegian’s house raided by organised crime police

Garrett Jandegian and the then Stephanie Golman before the couple married.

The trophy home of former A Current Affair bureau chief Stephanie Jandegian and her entrepreneur husband, Garrett, was targeted in a dawn raid by Organised Crime Squad detectives earlier this year as part of a multiple-agency investigation into money laundering and unexplained wealth.

In extraordinary scenes usually reserved for high-risk criminals, officers from the gang task force, Strike Force Raptor, broke down the door to the Jandegians’ Bellevue Hill mansion on February 6, executing a no-knock warrant at 6am and creating much commotion and intrigue for neighbourhood onlookers.

Detectives executed the raid under the codename Strike Force Candice, a joint investigation between the Organised Crime Squad and the NSW Crime Commission. A police spokeswoman confirmed that its inquiries are continuing.

Neither Stephanie nor Garrett were arrested or charged during the raid, and there is no suggestion that either has committed any wrongdoing, although a number of items were seized from the premises, police said, including a mobile phone and documentation.

Stephanie Golman before her marriage, taking part in So You Think You Can Dance.

Garrett Jandegian during his days co-founding Aqualove.

Nor is it suggested that either of the Jandegians are the primary persons of interest for Strike Force Candice. Instead, it would appear that their home was tossed owing to their alleged affiliations with others being pursued by the broader investigation. Police wouldn’t comment further on that.

The couple has long-been celebrated in the press for extravagant real estate purchases, including this particular home obtained in 2022 for an estimated $27m, and which used to be owned by retired ASX chief Dominic Stevens. A year later they bought a second home in the same suburb for a much more affordable $15.1m.

Once a cast member on Network Ten’s So You Think You Can Dance, Stephanie had for years been employed by Nine’s A Current Affair program and left in 2020 after a four-year stint as the show’s Sydney bureau chief.

She’s currently an advisory board member for the Starlight Foundation, alongside Nine’s MD for radio, Tom Malone, and others.

Billed as a serial entrepreneur, Stephanie told The Age in 2023 that the wealth she and Garrett procured had largely poured in through an alkaline water business, Aqualove, that he started in 2017.

He’s no longer associated with that venture, but remains a director of Pharma Soul, a PPE and rapid antigen supply business that presumably saw its stock rise during the pandemic. Neither Stephanie nor Garrett responded to a request for comment.

The last we heard out of Garrett was in mid to late 2024, when he and Stephanie were named as the buyers of a $4.2m apartment in Sydney’s Sirius building, on Sydney Harbour.

The penthouse in that building was purchased by developer Jean-Dominique Huynh, a business associate, apparently, and whose JDH Capital was responsible for redeveloping the brutalist former social housing block.