PANAJI: Economic offences are on the decline in the state as per the National Crime Records Bureau (NCRB) data released for 2016. A total of 199 economic offences were registered in 2016 as compared to 213 cases in 2015 and 366 cases in 2014.
Majority of the offences (70.1%) were registered under Section 420 of the IPC for cheating and dishonestly inducing delivery of property. The second largest chunk of cases (19.6%) were related to criminal breach of trust and were registered under Sections 406 to 409 of the IPC. There were some cases relating to forgery and counterfeiting, too. In seven of the cases, loss of property was between Rs 1-10 crore, while, in a single case, the loss of property was between Rs 50-100 crore, NCRB data states.
The number of economic offence cases pending in Goa is high. As of 2016, there were 784 cases pending investigation from the previous year in the state that recorded a pendency percentage of 95.7%.
Among the complicated white collared crimes, including cheating, frauds in banking and medical fields, job racketing, shares and bogus stamp cases, saw only seven cases being compounded in 2016. Trials were completed in 31 cases and 38 were disposed of by courts with a conviction rate of 19.4%. Insufficient evidence was found in 132 of the cases.
Majority of the offences (70.1%) were registered under Section 420 of the IPC for cheating and dishonestly inducing delivery of property. The second largest chunk of cases (19.6%) were related to criminal breach of trust and were registered under Sections 406 to 409 of the IPC. There were some cases relating to forgery and counterfeiting, too. In seven of the cases, loss of property was between Rs 1-10 crore, while, in a single case, the loss of property was between Rs 50-100 crore, NCRB data states.
The number of economic offence cases pending in Goa is high. As of 2016, there were 784 cases pending investigation from the previous year in the state that recorded a pendency percentage of 95.7%.
Among the complicated white collared crimes, including cheating, frauds in banking and medical fields, job racketing, shares and bogus stamp cases, saw only seven cases being compounded in 2016. Trials were completed in 31 cases and 38 were disposed of by courts with a conviction rate of 19.4%. Insufficient evidence was found in 132 of the cases.
Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.
