Summary:
There are 38 cases against Sindolli, under Section 138 IPC, in local courts, Saldanha said.The Mascarenhas family from Tivim lost over Rs 15 lakh to Sindholli’s scheme. Panaji: Victims of a conman who, collectively cheated them out of over a crore rupees in 2015, on Saturday expressed their displeasure over the slow pace at which police were investigating the case. He approached the family and told them that if they deposited their gold in a bank, they would earn a monthly interest of Rs 9,000. When in reality what Sindolli did was mortgage their gold without their knowledge.Alan Vaz, who was cheated out of Rs 13 lakh, was promised plots in Socorro, while Pinto invested Rs 40 lakh in iron ore trading on the lucrative promise of Rs 15 lakh returns within a week. They said the alleged conman continued to remain free to prey on other unsuspecting persons.In December 2015, the Economic Offences Cell (EOC) of Goa police had booked Ajju Sindolli on charges of cheating..