MARGAO: The Kamaxi Forex case completes its first anniversary on Thursday.
However, with the release of the accused Nilesh Raikar, the chances of recovering of money have turned bleak. Now, the case is being investigated by the Central Bureau of Investigation.
It may be recalled that on April 13, 2016, a case of over 50 people being duped of over Rs 50 crore by Kamaxi Forex, a Foreign Exchange company had come to light.
As the case was highlighted by the media especially newspapers, the number of people being duped of their hard-earned money increased and so did the amount. As the case progressed, the number of duped people increased from 40 to 400 and above, and the amount crossed over Rs 50 crore.
Ever since the proprietor of Kamaxi, Nilesh Raikar has been granted bail, nothing much has happened in the case. However, according available information the proprietor doesn’t have enough assets to return people’s hard-earned money.
Speaking to Herald, Cruz Cardozo said, “Nilesh has liabilities of Rs 20 crore. Now our chances of recovering money are diminishing.” Cruz also informed that they wish to seek Chief Minister’s intervention to bail them out.
Sharon Gracias, a victim alleged, “Nilesh Raikar is a liar and a thug. He promised us to return our hard-earned money from his assets and investments but since last year he is only making flip-flops and false promises.”
