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Police in South Goa have registered two fresh cases involving disputed property sale deeds and an alleged ₹75 lakh bank fraud. One complaint concerns claims of false declarations in documents for properties in Curtorim, while the other alleges that borrowers concealed an earlier mortgage when securing bank credit.
The Fatorda case was registered on October 20 following a complaint by Mariano Siqueira of Curtorim. The second FIR was registered by Margao town police on October 18 following a complaint from a Bank of Baroda representative. Both cases come as Goa’s Special Investigation Team (SIT) continues to investigate alleged land-grabbing cases in the state.
The complaints concern separate transactions, and there is no confirmation that they are connected to the SIT investigation.
Curtorim sale deeds at the centre of police complaint
The complaint filed by Siqueira concerns two sale deeds executed on February 6, 2026, at the Salcete sub-registrar’s office in Margao. The properties are located at Uguirim in Curtorim and the deeds were executed in favour of Jerson Siqueira, who is also named in the complaint.
According to the complainant, Russel Milagres D’Cunha, a Mumbai resident, made allegedly false declarations in the documents by describing himself as a bachelor and the sole and universal heir of his deceased mother and her husband.
Siqueira has alleged that D’Cunha was married and had living siblings when the sale deeds were executed. These claims form part of the police complaint and have not been established in court.
The dispute also involves three shops on the ground floor of the building. Siqueira told police that he had occupied the shops for more than 25 years under an agreement. He further claimed that goods worth approximately ₹12 lakh were stored in the premises.
The complaint alleges that the parties involved disregarded the arrangement under which he occupied the shops and kept his goods there. The matter places both the declarations made in the sale deeds and the complainant’s claim to continued possession under scrutiny.
Fatorda police have registered a case in connection with the allegations. Further investigation is underway.
Bank of Baroda alleges ₹75 lakh loss
In the second case, Margao town police registered an FIR following a complaint by Ritesh Verma, a representative of Bank of Baroda in Margao.
The complaint names Uday Naik, Urvashi Naik and Yuvaraj Naik, residents of Kundaim in Ponda. The bank alleges that the three obtained credit facilities worth ₹75 lakh from the erstwhile Vijaya Bank between 2014 and 2023.
Vijaya Bank merged with Bank of Baroda with effect from April 1, 2019.
According to the complaint, the borrowers offered a property as collateral by creating an equitable mortgage and represented that the first two accused were its lawful owners. The bank subsequently alleged that the property had already been mortgaged to EDC Ltd against a loan taken by Pure Beverages.
The property was later sold at auction, according to the complaint.
The bank has alleged that the earlier mortgage was concealed when the credit facilities were obtained. It further claims that the same title documents were used to secure the loan despite the property's earlier mortgage and auction history.
Bank of Baroda has alleged that the transaction caused a wrongful loss of ₹75 lakh. The allegations remain subject to police investigation and judicial proceedings.
The FIR invokes provisions relating to cheating, forgery and the use of allegedly forged documents, among other offences.
Two complaints raise different questions about property records
The two cases concern different transactions, but each turns on information contained in property documents.
In Curtorim, the complaint challenges declarations about marital status and inheritance made during the execution of sale deeds. It also raises a dispute over the occupation of shops within the property.
In the bank case, the focus is on the property's earlier mortgage, its subsequent auction and the alleged use of the same title documents to obtain fresh credit.
The investigations will need to establish the circumstances of the transactions and assess the evidence supporting each complaint. At this stage, neither case amounts to a judicial finding that the allegations are true.
Fresh FIRs amid Goa's wider land-grabbing investigation
The cases have surfaced while the SIT continues its investigation into alleged land grabbing in Goa. The team was formed to examine cases involving disputed ownership and suspected illegal transfers of property.
However, the registration of the Fatorda and Margao FIRs does not establish a link between these complaints and the cases being investigated by the SIT. Any such connection would need to be confirmed by the authorities.
For now, the two police cases concern specific allegations: disputed declarations in sale deeds in Curtorim and an alleged ₹75 lakh loss to a bank in a separate loan transaction. The findings of the investigations will determine the next steps in both matters.
Ans 1. One concerns alleged false declarations in two sale deeds for properties in Curtorim. The other involves a bank's allegation that an earlier mortgage and property auction were concealed when credit facilities worth ₹75 lakh were obtained.
Ans 2. The bank has alleged a wrongful loss of ₹75 lakh in connection with credit facilities sanctioned by the erstwhile Vijaya Bank between 2014 and 2023.
Ans 3. No confirmed link has been established. The cases are separate police matters, while the SIT continues its wider investigation into alleged land grabbing in Goa.
Ans 4. No. The allegations are under investigation and have not been established by a court.