Torres, a jewellery store, is accused of defrauding investors through a mix of Ponzi and multi-level marketing schemes. The ...

Yet another con was successfully executed by fraudsters in the name of quick and bumper returns through investment in the jewellery business.

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

Vinay Mane of Shivaji Park police station confirmed to mid-day that he issued a notice to Torres company directors on June 29 ...

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

The Economic Offences Wing is investigating a jewellery scam in Maharashtra. The company's former CEO and another accused ...

According to EOW sources, absconding accused Mohammed Tausif Riaz, alias John Carter, has submitted a 182-page report. The ...

Mumbai: The EOW, investigating the multi-crore Torres Jewellery investment fraud, seized around Rs 3 crore in cash, precious ...

EOW officials said that during investigation they found that the accused have distributed 15 cars to investors to lure more ...

Tausif Reyaz, a wanted accused in the Rs 1,000-crore alleged Torres scam and former CEO of the company, claims to be a ...

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