Team Goemkarponn
PANAJI: The Directorate of Enforcement (ED), Panaji Zonal Office, has provisionally attached movable and immovable properties, including two residential flats, fixed deposits, and equity shares worth approximately ₹61.53 lakh, belonging to Gohil Jaykumar and other associated persons.
The action comes under the Prevention of Money Laundering Act (PMLA), 2002, in connection with the case of M/s Ranggeeta Enterprises.
The ED initiated the probe following a FIR lodged by the Economic Offences Cell, Goa Police, against Gohil Jaykumar and others under various sections of the Indian Penal Code (IPC), 1860.
According to the FIR and the charge sheet, Gohil Jaykumar and his associates ran fraudulent investment schemes, through which the public was cheated of over ₹9.33 crore.
Investigation revealed that Gohil Jaykumar, operating through the unregistered entity M/s Ranggeeta Enterprises with offices in Goa and Gujarat, collected public investments by promising unrealistic returns of up to 20% per month.
Investor funds were routed directly into the personal bank accounts of Gohil and his agents.
The scheme operated as a Ponzi structure and collapsed in April–May 2022, when withdrawal demands exceeded new investments.
The ED confirmed that the proceeds of crime were diverted for personal use, including property purchases, personal investments, financing a lavish lifestyle, and other expenses, with no legitimate business deployment.
Further investigation by the ED is ongoing.
