Multi-crore Torres Jewellery scam: ED freezes - Hindustan Times
1 day ago · ED raids 13 locations in Mumbai, Jaipur in Torres Jewellery scam, freezing ₹21.75 crore linked to fraudulent investment schemes under PMLA. | Mumbai news
Mumbai: ED searches in Torres Ponzi case linked money …
3 days ago · News; Cities; Mumbai; Mumbai: ED searches in Torres Ponzi case linked money laundering case; Mumbai: ED searches in Torres Ponzi case linked money laundering case 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.
ED conducts searches at Mumbai, Jaipur in Torres Ponzi scheme …
2 days ago · The Enforcement Directorate is investigating the Torres Ponzi scheme, raiding 13 locations in Mumbai and Jaipur. The scheme, involving deceptive multi-level marketing, defrauded over 18,000 ...
Torres Ponzi scheme: ED freezes bank accounts worth Rs 21 crore
1 day ago · A day after the Directorate of Enforcement (ED) conducted searches at 13 locations in Mumbai and Jaipur in connection with the money laundering case involving the Torres Ponzi scheme, the agency on Friday said that it has seized a number of incriminating documents, digital evidence, and has also frozen the bank accounts of Platinum Hern Pvt Ltd (Torres Jewellery) and its associates, amounting ...
Mumbai Scam: Owner of Torres Jewelry Flees After Alleged Multi …
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.
Mumbai: ED searches in Torres Ponzi case linked money …
3 days ago · Mumbai, The Enforcement Directorate on Thursday conducted searches in the Torres investment "fraud" linked money laundering case where a number of investors have been allegedly duped, officials said.
Mumbai Torres Jewellers fraud: How a vegetable vendor exposed …
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.
Explained: The Torres investment scam in Mumbai, how it operated
Jan 12, 2025 · Mumbai Torres investment scam: The Mumbai police Economic Offences Wing (EOW) on Thursday (January 10) searched six locations in the Torres Ponzi scheme case and seized around Rs 3 crore and various incriminating documents linked to the alleged investment fraud. Torres, a jewellery store with showrooms in six locations across Maharashtra, is accused of offering high-returns investment ...
ED launches probe into Torres fraud, conducts searches in the city ...
MUMBAI: The city unit of the Enforcement Directorate (ED) on Thursday launched an investigation into a money-laundering case linked to the multi-crore Torres Jewellery fraud, carrying out searches ...
Mumbai fraud: Investors gather outside Torres Jewellery office
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.