Ryan de Souza’s mother appeals to govt. to bring her son home

home

It’s a case that started almost 2 years ago and believed to be one of Dubai’s biggest cases of fraud. Goan boys Sydney Lemos and Ryan de Souza, a senior accounts specialist in Sydney’s Exential Group were arrested after allegedly duping thousands of investors out of their hard-earned savings. Both are currently serving 500+ year […]

The Lemos family will appeal against Sydney Lemos’ 500+ year sentence

Lemos

After spending more than a year in prison, the Lemos family will go on appeal against the 500+ year sentence that was given after discovery that Sydney Lemos had cheated thousands out of their life savings. The Lemos family will appeal the 500+ year sentence If one recalls, Lemos was the mastermind of a Ponzi […]

Hope for an early release for Ryan from prison in Dubai

early release

Today Ryan de Souza sits in a prison in Dubai. He, along with Sydney Lemos, CEO, and owner of Exential Group was sentenced to over 500 years in prison. After being sentenced almost two weeks ago, each will be in prison for the next five lifetimes. But Ryan’s family are still hoping that he will […]

FC Bardez Sports Club to keep playing competitive football

Fc Bardez Sports Club

FC Bardez Dubai may be getting a makeover to avoid its association with Sydney Lemos but FC Bardez Sports Club in Goa will continue to play competitively.  Sydney Lemos is the man behind the Ponzi scheme that duped thousands of UAE residents out of their hard-earned monies through his company, Exential Group. The unbelievable get-rick-quick […]

Cutting ties with Sydney Lemos, FC Bardez to get makeover in Dubai

FC Bardez

Sydney Lemos lost his freedom and his company and now he is losing his football club, FC Bardez in Dubai, too. Lemos’s claim to fame in Dubai started with a small football club called FC Bardez. Sydney Lemos was the owner of the club and also a player in the same. It was how he […]

Exential Group’s victims demand to know where their money is

Exential

It is a small victory for the victims of Sydney Lemos and his Exential Group forex scam. The verdict on the $300 million Ponzi scheme run by Sydney Lemos may have gained him life imprisonment. But his victims want to know where their money is. There does not seem to be an answer yet. Exential Group […]

Family and friends rally together for Ryan de Souza on social media

Ryan de Souza

News of the Ponzi scheme involving two Goan boys reached the ears of Goans across the world. Sydney Lemos and Ryan de Souza, both from North Goa, have each been sentenced to 500 years in prison. Various news reports state that they are accused of duping investors out of millions of dollars. Many have lost […]

Sydney Lemos and Ryan de Souza get 500 years each for fraud in Dubai

Sydney Lemos

For years people have been moving abroad for better prospects. Up until maybe 5-10 years ago, the Gulf was the first place people thought of moving to earn more money. Dubai, Abu Dhabi, Kuwait, Doha, Oman, Bahrain, and even Saudi Arabia were the chosen lands. Today, however, the situation is grim. While the effects of […]