Anjuna Police Secure Attachment of Crime Proceeds Worth Over ₹1.2 Crore in Major Financial Fraud Case

Goa Khabar: In a significant breakthrough in a major financial fraud investigation, the Anjuna Police Station has successfully secured the attachment of proceeds of crime under Section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, following an order issued by the Judicial Magistrate First Class (JMFC), Mapusa.

The case relates to Anjuna Police Station Crime No. 78/2025, registered under Sections 314, 316(4), 318(4) read with Section 3(5) of the Bharatiya Nyaya Sanhita (BNS), 2023, based on a complaint filed by Mr. Shivkaran Singh, proprietor of Sukha – The Indian Platter @ Sukoon Hospitality, Assagao.

According to the investigation, the accused, Gulshan Kumar Singh, who was employed as the Restaurant Manager, allegedly manipulated billing records, misappropriated company funds and diverted the money into his personal bank accounts as well as the accounts of his family members. The alleged fraud is estimated to have caused a wrongful loss of approximately ₹4.37 crore to the complainant.

A detailed financial investigation conducted by PSI Swapnil Naik, the Investigating Officer, traced the flow of the diverted funds. The investigation revealed that the proceeds of crime had allegedly been used for the acquisition of immovable property, construction of a residential house, purchase of gold ornaments and transfer of funds to family members.

Based on the evidence gathered, the Investigating Officer filed an application before the JMFC, Mapusa under Section 107 of the BNSS, 2023 on January 31, 2026, seeking attachment of the identified assets as proceeds of crime.

After examining the material placed on record, the Hon’ble Court, through its order dated February 16, 2026, allowed the application and directed the attachment of the identified movable and immovable properties in accordance with the provisions of the BNSS.

Acting on the Court’s order, the Anjuna Police investigation team successfully executed the attachment proceedings in Delhi, ensuring that the identified assets could not be disposed of during the pendency of the investigation.

So far, the police have attached an immovable property (residential house) worth approximately ₹1.2 crore, constructed in 2024, along with bikes and gold ornaments valued at around ₹2.5 lakh.

Goa Police stated that this is one of the notable instances in the State where Section 107 of the BNSS has been effectively invoked to trace, identify and attach the proceeds of crime in a cheating case, highlighting the force’s commitment to financial investigations, asset recovery and protection of victims’ interests.

Further investigation into the case is currently in progress under the supervision of PSI Swapnil Naik.