Interpol has issued a Red Corner Notice (RCN) against Myron Rodrigues, the prime accused in a multi-crore investment fraud case, following a formal request by the Goa Police. The notice was published on May 19, 2025.
Rodrigues, along with his wife Deepali Parab and former wife Sunita Rodrigues, is accused of defrauding over 50 investors of more than Rs 100 crore by falsely promising high returns through share market investments. The Economic Offences Cell (EOC) of the Goa Police had initiated proceedings after Rodrigues repeatedly failed to appear in response to official summons.
The initial complaint was filed by Ivon Suresh Joaquim Almeida of Navelim, who alleged that he was cheated of Rs 36.54 lakh. Subsequent complaints brought the estimated amount defrauded to over Rs 100 crore, with most victims hailing from Salcete taluka. Several investors had reportedly been involved since as early as 2011.
Police investigations revealed that Rodrigues presented himself as a stockbroker and Parab as a financial advisor, despite neither being registered with the Securities and Exchange Board of India (SEBI) or the Reserve Bank of India (RBI).
A chargesheet naming Rodrigues and Parab as the prime accused was filed before the Principal District and Sessions Court in Margao on February 25, 2025. Initially, a Blue Corner Notice was issued through Interpol to trace Rodrigues’ whereabouts. With confirmation that he had fled to London via Dubai, a Look-Out Circular (LOC) was also issued by the Bureau of Immigration before escalating to a Red Corner Notice.
The accused were proprietors of DMA Designing New Worlds LLP, a real estate firm also linked to Idyllic Goan Gateways and Developments Private Limited, and Prospect Realty.
Myron Rodrigues, along with his wife Deepali Parab and former wife Sunita Rodrigues, is accused of defrauding over 50 investors of more than Rs 100 crore by falsely promising high returns through share market investments. The Economic Offences Cell (EOC) of the Goa Police had initiated proceedings after Rodrigues repeatedly failed to appear in response to official summons