Tense moments were witnessed near Margao court on Friday when Nilesh Raikar, the main accused in the multi-crore investment fraud by Kamakshi Forex, was brought by police for hearing on his bail application. Raikar was accompanied by his advocate Rajeev Gomes.
Nilesh, a director of Kamakshi Forex, was in the court as it was hearing his bail application however many investors gathered near the court and allegedly ‘confronted’ Gomes. Investors however denied charges claiming that they only requested the lawyer to consider their plight.
Margao police rushed to the spot and brought the situation under control. Gomes in a letter has sought police protection during the next hearing. The case has been posted for hearing on June 15.
Police have said that till date around 412 investors have lodged complaints and the swindled amount is said to be around Rs 28.54 crore.
Police have already frozen around 52 bank accounts of Nilesh and his firm, and there is hardly any money in those accounts.
EOC has registered an offence under criminal breach of trust, criminal conspiracy and cheating against Nilesh and directors of Kamakshi Forex for swindling crores of rupees from several depositors.
The firm has permission from the Reserve Bank of India to run foreign currency exchange but not for collecting and depositing money, the police had said.