PANAJI
The Economic Offences Cell (EOC) of Goa Police has booked a case against six officials of two companies, who hatched a criminal conspiracy duping investors of approximately Rs 5.11 crore.
The offence took place at the premises of Across the Globe Hospitality’s Alto Pilerne office and M/s FXP Fincon’s office at Porvorim.
Sources revealed that EOC has booked a case against six accused -- Subhash Govind Patil (Kolhapur), Canute D’Souza (Vagator), Nitin Rajaram Bandodkar (Dhargal), Delcy (Aquem), Maria Eugenia Dhaujekar (Calangute) and Digambar Sangodkar (Mapusa).
Sources further revealed that the accused had induced depositors to invest in Across the Globe Hospitality and M/s FXP Fincon and promised them 5 per cent monetary returns. Later, the accused misappropriated the funds and converted them for their own use thereby cheating the investors.
Neither Across the Globe Hospitality nor M/s FXP Fincon had permissions from the Reserve Bank of India (RBI) or Securities and Exchange Board of India (SEBI) to accept deposits.
Meanwhile, the police have already arrested Nitin Rajaram Bandodkar in connection with this case.
EOC has also booked another case against two accused, who misappropriated their own company’s funds. It is reported that Y Raghuveer (branch manager, Sahara India) and K Y Sharif (cashier of Sahara India) misappropriated funds to the tune of Rs 2.71 crore. Moreover, the accused also misappropriated Rs 4.5 crore of Sahara Credit Co-operative Society and another Rs 6.3 lakh of Sahara India Financial Corporation.
Both Raghuveer and Sharif are accused of falsification of account books at Sahara India’s office in Vasco.
