Team Goemkarponn
PANAJI: The Directorate of Enforcement (ED), Panaji Zonal Office, has provisionally attached immovable property worth ₹3 crore on February 18, 2026 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with an alleged fraudulent investment scheme operated by Myron Rodrigues and others.
The probe was initiated by the ED based on FIRs registered by the Economic Offences Cell, North Goa, and MHB Colony Police Station, Mumbai, under Sections 406 and 420 of the Indian Penal Code, 1860.
According to the agency, investigations revealed that the accused allegedly lured multiple investors with promises of high and assured returns through investments in the stock market and other business ventures.
Funds were reportedly mobilised through RTGS, NEFT and other banking channels. The collected amounts were allegedly misappropriated and diverted for personal expenses as well as for the purchase of assets.
The ED stated that its investigation under the PMLA uncovered proceeds of crime estimated at around ₹14.82 crore.
These funds were allegedly channelled into acquiring assets such as bank balances, fixed deposits and immovable properties, which were projected as legitimate holdings in an attempt to mask their illicit origin.
Earlier, on November 25, 2024, the agency had provisionally attached movable and immovable properties valued at approximately ₹2.98 crore in the same case. With the latest attachment of assets worth ₹3 crore, the total value of properties attached in the matter has now increased to about ₹5.98 crore.
Further investigation in the case is ongoing.
