Goa MP asks Sushma to seeks release of Dubai ponzi scam convict

IANS  |  Panaji 

on Wednesday asked to secure release of Ryan de Souza, who was earlier this month sentenced to 517 years imprisonment by a court for alleged involvement in a $200 million ponzi scam.

On April 11, de Souza, 27, along with his employer Sydney Lemos, promoter of the were sentenced by the Misdemeanours Court for the duo's alleged involvement in a $200 million ponzi scam following a probe by the authorities.

Savoikar claimed that de Souza was innocent and that he was unaware of the scam which unfolded in the

"Ryan has also invested his parent's money into the company that was sent from to UAE. He was working as an from June 13, 2014 to February 5, 2016. Thereafter he was promoted to from March 2016.

"In the backdrop of the facts and circumstances, it can be gathered that was not associated or involved in fraud as alleged," he said in his letter.

--IANS

maya/vd

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 25 2018. 23:42 IST