Torres scam: Cops were aware of fraud but dragged their feet
23 hours ago · MUMBAI: Torres Jewellery fraud grows as police ignored earlier warnings. 1.25 lakh investors scammed; EOW arrests key executives amid ongoing investigations.
Torres scam: Customers were lured with cars, bikes and iPhones
Torres’ lavish gifts, high returns, and customer-friendly approach lured thousands into investing in a Ponzi scheme. mid-day investigates how the so-called jewellery brand ensnared unsuspecting ...
Torres Ponzi Scheme Fraud: What we know so far - CNBC TV18
2 days ago · The Shivaji Park police registered an FIR against Torres Jewellery’s directors and CEO for alleged fund misappropriation. The case involves over Rs 13.48 crore in fraud. Counter-claims by Torres Jewellers Torres, in their official Instagram handle, accused its CEO, Tausif Reyaz, and Chartered Accountant Abhishek Gupta, of theft and vandalism.
Over 1.25 lakh investors duped; here’s what we know about Torres …
2 days ago · The sudden closure of Torres Jewellery, a chain with six stores in Mumbai, has sent shockwaves, as the owners allegedly stitched up an elaborate Ponzi scheme leaving more than 1.25 lakh investors ...
Torres Company Scam: ₹1,000 Crore Fraud, 1.25 Lakh Investors …
3 days ago · Mumbai: A massive investment scam by the foreign-based Torres Jewelry company has left over 1.25 lakh investors defrauded of ₹1,000 crore. The company, which promised high returns on jewelry and ...
Mumbai Torres Jewellers fraud: How a vegetable vendor exposed …
3 days ago · Torres Dadar news: Mumbai police registered an FIR against Torres Jewellers' directors and CEO for defrauding investors over ₹13.48 crore. The company promised lucrative returns but stopped payments in December 2024. The Economic Offences Wing will investigate. Torres Jewellers counter-claimed theft by their CEO and Chartered Accountant. No arrests have been made yet.
Torres Investment Scam: Torres Jewellers accused of fraud | Mumbai News ...
2 days ago · Torres investment scam: 3 held, 7.4cr in firm's bank a/cs frozen. Ahmed Ali, Nishikant Karlikar, Vishal Rajemahadik & George Mendonca / Updated: Jan 8, 2025, 09:19 IST. ... Other Times Group News ...
Jewellery Chain, Bonus Scheme, Limited Offer: Mumbai Scam …
3 days ago · Jewellery Chain, Bonus Scheme, Limited Offer: Mumbai Scam Dupes Thousands Amid investors' frustration regarding their lost money, Torres' official YouTube account has uploaded a video, claiming ...
Explainer: Torres Jewellers Rs 13.48 crore scam claim in Mumbai
3 days ago · The scam revolves around investment schemes floated by Torres Jewellers, operated by Platinum Hern Private Ltd, which offered lucrative returns to investors. The schemes, launched in February 2024 ...
Torres scam: How the Ponzi scheme spread its tentacles - Mid-Day
1 day ago · Torres scam: From offering huge returns to gifting iPhones, scooters, cars, and even promising 2BHK flats, the company went all out to win customers’ trust Recent Searches Trending News
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