Team Goemkarponn
PANAJI: The Economic Offences Cell (EOC) of Goa Police has filed a case against six persons connected to a Mumbai-based financial firm, accused of duping Goan investors to the tune of ₹4.57 crore.
Investigators said the accused enticed people with promises of unusually high returns, backing their claims with forged documents and flashy presentations to give the company an air of authenticity. To win confidence, the firm initially made small payments to early investors, but soon stopped all transactions and severed contact.
The police are now tracing the flow of money through bank records and company accounts, while also probing possible links to similar rackets in other States.
Authorities have advised citizens to remain alert and conduct due diligence before investing, stressing that conmen often rely on fake paperwork and elaborate setups to trap unsuspecting investors.
