Mumbai: A massive investment scam involving the foreign-based Torres Jewelry company allegedly duped around 1.25 lakh ...

CA Abhishek Gupta, whistle-blower in the Torres Jewellery scam, seeks police protection, fearing for his life amid investor fraud claims.

Mumbai: The Mumbai Police’s Economic Offences Wing (EOW) conducted raids at six locations as part of its investigation into ...

Ignoring Clear Signs of Fraud : The business model of Torres was dubious from the start. While nationalized banks offer 7-8% ...

MUMBAI: Torres Jewellery fraud grows as police ignored earlier warnings. 1.25 lakh investors scammed; EOW arrests key executives amid ongoing investigations.

From offering huge returns to gifting iPhones, scooters, cars, and even promising 2BHK flats, the company went all out to win ...

The Rs 1,000-crore Torres scam could have been prevented if Mumbai police had acted on early warnings flagged by Shivaji Park ...

Torres, in their official Instagram handle, accused its CEO, Tausif Reyaz, and Chartered Accountant Abhishek Gupta, of theft ...

The promoters of Torres jewellery brand, which is being probed for allegedly running a ponzi scheme, promised cars, flats, gift cards and hampers to attract investors, a Mumbai police official said on ...

Launched in February 2024 as a luxury jewellery retailer, Torres Jewellery initially appeared legitimate, opening six stores across Mumbai in areas like Grant Road, Navi Mumbai, Kalyan, and Mira Road.

Shivaji Park police arrested two directors and a senior executive of Platinum Hern Pvt Ltd for defrauding over 18,000 people ...

The Economic Offences Wing (EOW) of Mumbai police has taken over the probe into a multi-crore scam involving Torres jewellery ...