Team Goemkarponn
BICHOLIM: A 25-year-old man from Madhya Pradesh has been arrested by Bicholim Police for allegedly duping a resident of Goa of ₹4,68,775 in an online investment scam carried out in the name of “KITE FOREX TRADING”.
The case began on August 11, when 58-year-old Milind Gore of Bicholim filed a complaint stating that between May 20 and July 16 this year, unknown callers using mobile numbers 7580827990 and 9754727822 contacted him while posing as employees of the company. The callers allegedly promised high returns and convinced him to invest through multiple Google Pay transfers. After receiving the money, the fraudsters stopped responding.
Police registered Crime No. 112/2025 under Sections 319(1), 318(3), and 318(4) of the BNS and launched an investigation.
Scrutiny of the complainant’s bank transactions revealed that the money had been routed through several UPI accounts. Of the total amount, ₹1,87,800 had been credited to the account of one Shubham Rathore, while the rest was transferred to accounts belonging to other individuals. KYC details and alternate contact numbers obtained during the probe helped investigators narrow down the suspects’ location to Madhya Pradesh.
A police team led by PI Vijay Rane, comprising PSI Jayprakash Jankar, PC Danish Shaikh, and PC Umang Morajkar, travelled to Rajgarh district on November 10. With assistance from officers at Pachore Police Station, the team traced Rathore to a location near the Flyover Junction in Pachore on November 14 and arrested him.
He was produced before the Judicial Magistrate First Class in Sarangpur, Rajgarh, which granted three days’ transit remand. The accused was brought to Goa on November 16 and produced before the JMFC in Bicholim, which remanded him to four days of police custody.
Further investigation is underway under the supervision of PI Vijay Rane, SDPO Shridevi B.V., IPS, and SP North Rahul Gupta, IPS.
