Torres Jewellery Ponzi Scam: Mumbai Police Uncovers ₹38.96 Crore Fraud; 1,916 Victims Identified, Accused's Custody Extended Until January 18
Mumbai: The Mumbai police probing the Torres fraud has said that it has so far received complaints from 1916 victims since ...
Torres fraud: Accused spent Rs 25 cr to set up offices, pay initial returns to investors: Police to court
The Economic Offences Wing (EOW) submitted that in Mumbai alone, from 37 complaints from investors who had come forward ...
Mumbai's Torres jewellery scam has Ukrainian ties: What we know about Ponzi scheme and crores of investment
The Torres jewellery company was accused of cheating investors of crores of rupees through a combination of Ponzi and ...
Torres scam case: 'Accused initially spent Rs 25 crore on stores and diamonds, paid to investors'
Torres investment fraud accused initially spent Rs 25 crore for setting up stores, purchasing diamonds and giving returns to ...
Torres Jewellery Ponzi Scheme: Thousands Lose Crores; Whistleblower’s Warnings Ignored By Police
Mumbai: Thousands of investors who pledged their life savings, including homes, shops, jewelry, and hard-earned money, have ...
Explained: The Torres investment scam in Mumbai, how it operated
Torres, a jewellery store, is accused of defrauding investors through a mix of Ponzi and multi-level marketing schemes. The ...
Torres Scam: Accused Spent Rs 25 Crore on Stores, Diamonds, and Investor Payouts
Torres investment fraud accused initially spent Rs 25 crore for setting up stores, purchasing diamonds and giving returns to ...
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Torres investment scam: ED registers case under PMLA
The Enforcement Directorate (ED) has registered an ECIR under relevant sections of the Prevention of Money Laundering Act ...
Diamonds, stones sold in Torres scam fake: EOW
Mumbai: The Economic Offences Wing (EOW) investigating the Torres investment scam has found that the diamonds and stones sold ...
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Mumbai Court Extends Remand in Torres Investment Scam
A Mumbai court extended police custody for three senior executives involved in a Rs 38 crore investment fraud linked to the ...
Three held in connection with Torres investment scam
Bhayandar, Vasai-Virar police on Saturday (January 11, 2025) arrested three persons for their alleged association with the ...
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Torres scam case: ‘Accused initially spent Rs 25 cr on stores and diamonds, paid to investors’
Torres investment fraud accused initially spent Rs 25 crore for setting up stores, purchasing diamonds and giving returns to investors, the investigation by Mumbai Police’s Economic Offences Wing (EOW ...