M&A is back on the table in Europe, says BBVA Chair
BBVA Chair Carlos Torres Vila discusses European banking consolidation at the World Economic Forum in Davos. Against the odds ...
ED conducts searches at Mumbai, Jaipur in Torres Ponzi scheme money laundering case
The Enforcement Directorate (ED) conducted raids in Mumbai and Jaipur related to the Torres investment scam, which has ...
devdiscourse1d
Mumbai EOW Cracks Down on Torres Ponzi Scheme: High Court Demands Accountability
The Bombay High Court criticized police for inaction in the Torres investment scam, which defrauded investors through Ponzi schemes. The court called for preventative mechanisms and ordered police to ...
devdiscourse8d
Bombay High Court Slams Police Over Torres Scam Lethargy
The Bombay High Court criticized Mumbai Police for their slow investigation into the Torres investment scam. The court ordered protection for Abhishek Gupta, the whistleblower. Despite police efforts, ...
Mid Day13d
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 ...
The Indian Express13d
Torres Ponzi scheme fraud: How 1.25 lakh investors from Mumbai, Navi Mumbai were defrauded of over Rs 1,000 crore
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 ...
lokmattimes14d
Mumbai Torres Jewellery Scam: Rs 5-6 Crore Cash Found at Dadar Office by Economic Offences Wing
The Economic Offences Wing (EOW) of the Mumbai Police has uncovered crores of cash during a raid at Torres’ Dadar office in connection with the ongoing investigation into the Torres jewellery scam.
Hindustan Times14d
Torres jewellery scam: Accountant alerted police, but action delayed
MUMBAI: After a ₹1,000-crore investment scam, Torres jewellery's accountant exposed fraud but received threats. Police investigate allegations of a Ponzi scheme. MUMBAI: Three days after the ...
lokmattimes14d
Mumbai Torres Scam: Rs 13.76 Crore Bogus Loan, 75 kg Gold and 25 kg Silver Smuggled Into India; Shocking Details Emerge
At the start of the new year, a significant case of fraud targeting citizens of Mumbai and Navi Mumbai ... Mumbai Torres Scam: Rs 13.76 Crore Bogus Loan, 75 kg Gold and 25 kg Silver Smuggled Into ...
Indiatimes14d
1.25 lakh investors defrauded: Torres’s glitzy social media blitz masked growing scam concerns
Torres lured investors by projecting an extravagant image on social media, offering high returns and luxurious prizes. Despite the fanfare, professionals warned of the unsustainable promises. As ...
The Free Press Journal14d
Torres Jewellery Scam: Navi Mumbai Company Lured Investors With False Promises Of High Returns And Synthetic Moissanite Stones
The Torres company, which allegedly cheated hundreds of investors, has been found to have lured close to 100 investors in Navi Mumbai through their Ponzi scheme, promising them excessive returns ...