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Children appeal for return of parents’ money

At the meet of aggrieved investors of a Margao-based forex company, it was children who led from the front to appeal to the directors of the Kamaxi forex firm to return at least the amount invested by the investors with this firm.

the goan I network
MARGAO
 
Reading out the appeal, Alinda Fernandes, termed the money invested with this firm as their parents hard-earned money saved by working in dark seas. 
“It will be a curse for you if you don’t return our money peacefully,” they said, addressing the firm’s top brass. The children also appealed to the higher authorities to help them recover their parent’s money leaving aside all differences, if any.   
Addressing the aggrieved investors, Dixon Vaz, said they are proceeding to Panaji to meet the investigating officers with just one strong message --- “We are not happy with the investigation .... not happy with his response. He is being protected,” Vaz told the investors.  
He also appealed to all those working on ships, Gulf countries, and in the Western countries to withdraw their fixed deposits from private investment companies so as to send a “strong message” to such companies about the strength of the investors.  
Vaz also appealed to officers working in senior positions on ships to come under one roof to support their cause.  
Addressing the investors, Cruz Cardozo, claimed the investigation into this matter was “not proper” as the prime suspect’s mother and wife are still free. “We want them to be arrested, otherwise, they will hide information. Only then (after they are arrested) will the investigation be proper,” he remarked. Cruz said more than 500 aggrieved investors attended the meet.  
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kamaxi forex scam

A delegation of duped investors led by the Goan Seamen Association of India, called on Superintendent of Police Priyanka Kashyap to press for urgency in the probe against the director of Kamaxi Forex Nilesh Raikar and demanded arrest of the wife and mother of the accused.

The Goan Network
Published May 3, 2016, 4:43 AM IST
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Duped investors demand arrest of director’s wife, motherthe goan I networkPANAJISpeaking to mediapersons after emerging from the meeting, Dixon Vaz, president of the GSAI said that their prime concern was to ensure that the investors get “at least” the principal amount. “We informed the SP that Raikar has the money and that despite his protestations that he is bankrupt, we know that he has the money to pay us back. We believe that there are more properties than which he…

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