Daijiworld Media Network - Panaji

Panaji, Feb 27: The Enforcement Directorate (ED), Goa, has provisionally attached immovable property worth Rs 3 crore under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with alleged fraudulent investment schemes operated by Myron Rodrigues and his associates.

The investigation was initiated based on FIRs registered by the Goa Economic Offences Cell and the Mumbai Police.

According to the ED, the accused allegedly lured multiple investors by offering false assurances of high and guaranteed returns in the stock market and other business ventures. Large sums were collected from investors but were allegedly retained dishonestly and diverted for personal use and acquisition of assets.

The probe under the PMLA revealed alleged proceeds of crime amounting to approximately Rs 14.82 crore. These funds were reportedly used to acquire bank deposits, fixed deposits and immovable properties, which were projected as untainted assets to conceal their illicit origin.

The ED said that with the latest attachment, total assets worth around Rs 5.98 crore have been attached in the case so far.

Meanwhile, the Goa unit of the ED has published a notice in local newspapers declaring a list of 24 properties attached under the PMLA, with the attachments confirmed by the court. The agency has directed that the attached properties be vacated within 10 days if they are occupied.