Team Goemkarponn
PANAJI: Panaji Police have registered Cr. No. 180/2025 after four individuals filed a complaint alleging they were cheated of ₹5,95,400 through a fraudulent investment scheme involving “Oris Coins.”
The complaint was lodged by Datta Kumar Sawant of Porvorim and Sunita Naik, Sachin Naik, and Sakhil Naik of Campal, Panaji. According to the police, the alleged fraud occurred between January 2024 and August 2024 within the jurisdiction of TNK, Panaji.
The complainants alleged that the accused — Vaishnavi B.V., 20, of Mala, Panaji, and Rahul Jadhav — dishonestly induced them to invest in Oris Coins by promising unusually high returns. They were assured a 10% monthly dividend for the first year and continued dividends for up to five years, provided they doubled their investment in the first year. If they failed to do so, the second-year dividend would be halved, with the remaining portion credited as additional coins.
Believing these promises, the complainants invested a combined total of ₹5,95,400. However, when the promised returns failed to materialise, they realised they had been misled.
Police have registered the case under Section 318(4) read with Section 3(5) of the Bharatiya Nyaya Sanhita (BNS).
Further investigation is in progress to trace the money trail and determine whether more individuals may have been affected by the alleged scheme.
