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Since cash is difficult to hide, and can get easily damaged or spoiled, most government employees, especially security agency employees receiving cash bribes are converting the money into gold. Since gold is extremely valuable it is easy to convert a large amount of cash money into gold bars or jewelry which is light in weight, small in size and easy to carry or hide. Most of the security agency employees are having their own jeweler who will convert the black money into gold and ensure that the deal remains confidential, so that their client does not face any investigation.
In goa, gold is extremely popular among the intelligence and security agencies for converting cash bribes. For example, a relative of nayak, a top security agency employee in goa, openly boasted to the domain investor, that though they have comparatively less money in the bank, they have plenty of gold. So at the time of the marriage of their daughter or other female relative, they can give a large amount of gold as dowry since they have a large stash of gold. Other officials in goa, also have a large gold stash.
Another indication that gold is extremely popular for parking black money, is the huge number of jewelry shops in goa, especially panaji. Due to the banking fraud of intelligence and security agencies in panaji, goa, many of the banks are closing their branch, or moving to smaller branches. They are being replaced by posh jewelry stores, selling the latest jewelry. This clearly indicates that jewelry stores are flourishing, since they have enough customers to pay all overheads compared to the banks.
The real domain investor is held a virtual prisoner in goa, her correspondence ROBBED by raw/cbi employees without a court order in a clear case of human rights abuses.
Kindly note that allegedly bribed by google, tata, the indian and state governments especially in goa, madhya pradesh, karnataka, haryana have DUPED domain registrars, registries and ICANN for the last 10 years that call girl, robber, cheater raw/cbi employees like goan frauds riddhi nayak caro, siddhi mandrekar, slim goan bhandari sunaina chodan, bengaluru housewife nayanshree hathwar, gujju frauds asmita patel, naina chandan who looks like actress sneha wagh, her lazy fraud sons nikhil, karan, indore robber deepika, ruchika kinge who have not paid any money for domains, own this and other domains in an ONLINE FINANCIAL, BANKING FRAUD, to get them all raw/cbi salaries at the expense of the real domain investor, who is criminally defamed in the worst possible manner, her correspondence robbed, subjected to human rights abuses, to isolate her completely without a legally valid reason and cause great financial losses. The real domain investor is a private citizen who raw/cbi/ntro employees hate,criminally defame, commit human rights abuses without a legally valid reason for the last 10 years forcing the real domain investor to post this explicit disclaimer to prevent further losses and alert ICANN