1 day ago · MUMBAI: Over 10,000 investors lost ₹117.63 crore in Torres Jewellery fraud. Two arrested, including Ukrainian actor, for aiding the scheme. | Mumbai news

1 day ago · Police guard in front of the gate of Torres Group’s Dadar office in Mumbai. (Source: Express Archives) Over 10,000 investors have filed complaints in connection with the Torres ponzi scheme case and the total amount of fraud reported in the case has reached Rs 117. 63 crore, the Mumbai Police told a special court on Monday.

Jan 6, 2025 · Mumbai Scam: Owner of Torres Jewelry Flees After Alleged Multi-Million Fraud, Leaving Investors Duped Investors have gathered in large numbers outside Torres Company’s office in Dadar, demanding the return of their principal amounts after the company failed to provide promised payments.

1 day ago · A Mumbai Sessions Court on Monday (February 3, 2025) sent two accused, arrested in the multi-crore Torres investment fraud, to judicial custody. Accused Mohammad Tausif Riyaz a.k.a. John Carter ...

Jan 28, 2025 · Mumbai police arrest Torres CEO in 1,000 crore ponzi scheme case that duped over 3,700 investors In the Torres ponzi scam, Ukrainian masterminds "lured" investors with promises of high returns ...

Jan 6, 2025 · Mumbai scam: A large crowd of investors has gathered outside the Torres Company office in Dadar, demanding the return of their principal investments. The company has failed to deliver the promised payments, leaving many investors, who have reportedly invested substantial sums amounting to lakhs of rupees in the company's schemes, in distress.

Jan 7, 2025 · 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...

Jan 8, 2025 · MUMBAI: Shivaji Park police on Tuesday arrested two directors and a senior executive of Platinum Hern Pvt Ltd, the company that runs Torres jewellery chain, for cheating more than 18,000 people from Mumbai, Navi Mumbai, Thane and Mira-Bhayander of crores of rupees through its investment schemes.

Jan 7, 2025 · Thousands of investors in the Mira-Bhayander area face potential losses after the Torres Jewellery Company abruptly closed its doors. Investors discovered the closure on Monday when they found the store shuttered. The company, operating under Platinum Haren Private Limited, registered in 2023.

Jan 9, 2025 · Mumbai police on Tuesday arrested three senior functionaries of financial company Platinum Hern Pvt Ltd that operated an alleged ponzi scheme under the brand name of Torres jewelry store chain and alleged to have defrauded 1.25 …