The Economic Offences Cell (EOC) of Goa Police has registered a case against 2 companies and its directors for allegedly duping investors of around ₹7 crore by promising unusually high returns. According to officials, the accused lured several Goan investors with promises of lucrative interest rates and collected large sums of money over time. However, the company later failed to return the invested amounts, leading to multiple complaints being filed.
The EOC has initiated an investigation into the financial scam, probing the flow of funds and identifying those responsible for misleading investors.
Rs 7 crore high-interest investment fraud: directors under police scanner
Goa Police’s EOC investigates two companies and directors for a Rs 7 crore investment scam, promising high returns but failing to repay investors.
