8 Arrested in Candolim Hotel Investment Scam

EOC books 8 people, including Prakash Motwani, in a Candolim hotel investment scam; victim cheated of over ₹4 crore, investigation underway.

The Economic Offences Cell (EOC) has registered an FIR against Prakash Motwani, Lata Prakash Motwani (both Mumbai residents), and six others for allegedly cheating a Mumbai-based investor of over ₹4 crore.

The accused reportedly duped the victim under the pretext of an investment in a hotel project in Candolim, Goa. Authorities are investigating the matter further to trace the accused and recover the defrauded amount.

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