Mumbai Torres Jewellers fraud: How a vegetable vendor exposed …
Jan 7, 2025 · 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.
Mumbai scam: Torres Jewellery owner flees, leaving ... - News9Live
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.
Torres Investment Scam: Torres Jewellers accused of fraud | Mumbai News ...
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.
Mumbai fraud: Investors gather outside Torres Jewellery office in Dadar …
Jan 7, 2025 · Torres scam: A crowd of investors gathered at Torres Jewellery in Dadar, Mumbai, seeking refunds after the company failed to pay promised returns on investment schemes.
Jewellery Chain, Bonus Scheme, Limited Offer: Mumbai Scam …
Jan 7, 2025 · Investors have been visiting the Torres outlet in Dadar to demand their money back. A jewellery chain with several stores in Mumbai has allegedly duped hundreds through a Ponzi scheme promising...
Mumbai: ED searches in Torres Ponzi case linked money …
1 day ago · The jewellery company that owns the Torres brand is accused of cheating investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes. The scam came to light when hundreds of investors gathered at the jewellery brand’s store situated at Torres Vastu Centre building in Dadar (West) early this month as the ...
Torres Jewellers Fraud: Mumbai Firm Dupes Investors Of Rs 13.48 …
Jan 7, 2025 · In a shocking case of financial fraud, the top executives of a jewellery firm in Mumbai were booked for allegedly defrauding investors of Rs 13.48 crore on the pretense of promising them handsome returns on deposits as part of a Ponzi scheme.
Torres Jewellery investment scheme goes bust, top execs booked
MUMBAI: Police have booked top executives of Torres Jewellery House for allegedly cheating investors of crores of rupees in schemes it had floated, even as panicky investors gathered outside at...
Torres Ponzi scheme fraud: How 1.25 lakh investors from Mumbai, …
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 …
Torres Ponzi scheme: Interpol issues blue corner notice against 8 ...
2 days ago · On January 6, thousands of investors from Mumbai, Navi Mumbai, and Mira Road staged protests outside Torres’ jewellery stores in Dadar, Mira Road, and APMC Navi Mumbai after they stopped receiving their promised interest payments in late December. On the same day, Shivaji Nagar police registered an FIR citing a fraud amount of Rs 13.48 crore ...
- Some results have been removed