The Enforcement Directorate (ED) has attached immovable properties worth Rs 3 crore in Goa related to a money laundering investigation involving Myron Rodrigues and others. This action, carried out by the ED’s Panaji Zonal Office on February 18, was done under the Prevention of Money Laundering Act (PMLA), 2002. The probe stemmed from FIRs filed by the Economic Offences Cell, North Goa, and the MHB Colony Police Station in Mumbai for alleged fraudulent investment schemes.
According to the ED, Myron Rodrigues and associates enticed investors with promises of high returns through stock market and business investments. Investors were convinced to transfer significant amounts through various banking channels like RTGS and NEFT. The funds collected were allegedly misused for personal gain and asset acquisition, as per the agency’s findings.
The ED’s investigation under the PMLA identified ‘Proceeds of Crime’ totaling around Rs 14.82 crore. These funds were purportedly utilized to procure assets such as bank deposits, fixed deposits, and immovable properties, which were then disguised as legitimate to conceal their illicit source. Previously, the ED had attached movable and immovable properties valued at nearly Rs 2.98 crore in the same case, with the recent attachment bringing the total to approximately Rs 5.98 crore.
Further inquiries into the matter are ongoing.
