Goans have lost over Rs 500 crore in the last seven years due to fraudulent investment schemes, with the total potentially reaching Rs 1,000 crore. Chief Minister Pramod Sawant urged citizens to be alert and avoid schemes promising quick, doubled returns, emphasizing the need for financial literacy from educational institutions and banks.
Lure of high returns saw Goans lose Rs 500+ crore in 7 yrs: CM
Written on 05/01/2026