Mumbai: A massive investment scam involving the foreign-based Torres Jewelry company allegedly duped around 1.25 lakh investors. New details have surfaced in the alleged scam. Three days after the alleged fraud surfaced, the police said that its head accountant had alerted cops, reported Media.

As per the media report, Abhishek Gupta had filed complaints with several authorities, including the Mumbai Police and the Enforcement Directorate (ED). He alleged fraudulent practices by the firm. The accountant further claimed that despite complaints, no action was taken by the authorities.

Gupta first submitted his complaints on December 30, the police said as reported by Media. He also reportedly tried to meet officials to report the alleged fraud. However, the main accused managed to flee before a raid by the Navi Mumbai Police at the jewellery chain’s Sanpada store in the city. Gupta approached the Shivaji Park Police Station and also sought police protection on Wednesday after he reportedly received threatening calls.

“Gupta also visited Byculla police station on Tuesday night to report the threat calls.,” a police officer told the media house. Meanwhile, the jewellery chain alleged that Gupta and its CEO, Tausif Riyaz, were involved in vandalising and robbing the stores.

The sophisticated fraud known as the Torres Jewellery scam was initiated in February 2024 and targeted a specific economic group. The jewellery chain operated six stores in and around Mumbai.

It allegedly floated schemes that promised incredible returns on jewellery purchases, generous rewards for referrals in a Ponzi scheme, and huge lucky draws that gave away expensive cell phones and cars in an attempt to instil confidence using what turned out to be fake jewellery.

The firm allegedly continued to increase the payout margins on its extravagant investment schemes from 6 per cent to 13 per cent in the run-up to the Christmas and New Year’s holiday in 2024.

The company reportedly even introduced new schemes to entice even more investments. Then it suddenly closed. Thus, an estimated 1.25 lakh investors have been defrauded by Torres. The majority of them have very low incomes.

The company is blaming few rogue employees who duped investors for large some of money. On Wednesday, it announced to resume its operations. The announcement in this regard was made by the firm on its ficial Youtube and Instagram channel.

Actor John Abraham recently attended the Nasha Mukt Navi Mumbai program, an anti-drug awareness campaign launched by Maharashtra CM Devendra Fadnavis. While addressing the students present, the actor made a surprising revelation, stating that he has never touched drugs in his life. Further, the Pathaan actor urged the students to be role models, good citizens, and to train hard to build strong muscles, setting a positive example.

He said, “I want to say to students, I have personally not touched drugs ever in my life, also no smoking, no drinking, but no drugs is very important. Be very disciplined in life, be a role model to your friends, colleagues. Be a good citizen of Maharashtra, India, and train hard to get some good muscles.”

John further congratulated Navi Mumbai Police Commissioner Milind Bharambe and Chief Minister Devendra Fadnavis for the initiative. “This is a very important initiative for Maharashtra and the youth of Navi Mumbai,” he added.

On the work front, John was last seen in Vedaa, which was released in 2024. The film also starred Sharvari, Tamannaah Bhatia, Abhishek Banerjee, Ashish Vidyarthi, Kumud Mishra, Rajendra Chawla, Tanvi Malhara, Anurag Thakur and Urvashi Dubey, among others.

The film clashed with Shraddha Kapoor’s Stree 2 and Akshay Kumar’s Khel Khel Mein at the box office on Independence Day, August 15, 2024.

Next, John has Tehran in his pipeline alongside Manushi Chhillar, which is produced by Dinesh Vijan. The film is reportedly based on real-life events on the backdrop of the Russia-Ukraine war.

The Nashik City Police on Tuesday shared a dramatic high-speed car chase video on their X handle. According to the police, a drug smuggler was apprehended after an hour-long chase on the intervening night of Monday and Tuesday.

In their post, the Nashik Police stated that the chase began when a red MH-02 registered car, traveling from Dhule to Navi Mumbai, attempted to breach the Adgaon Stop & Search checkpoint. A total of eight police vehicles were involved in the pursuit, the post added.

The video shared by the Nashik Police shows multiple police vehicles chasing a speeding red car. The red car can be seen evading the police vehicles whenever they got close.

“On suspicion of illegal weapons, narcotics, explosives, or similar prohibited items, the control room was alerted within seconds. Nashik City Police’s eight CR mobiles immediately took action and launched a dramatic chase throughout the city. The suspect driver drove on main roads to avoid capture, but our teams successfully apprehended him using skilled strategy without causing harm to others,” the Nashik Police stated in the post.

“The entire team involved in the chase was honored by the Nashik City Police Commissioner. Special appreciation goes to the alert staff who initiated the immediate pursuit, particularly Bhaurao Gangurde and Balkrishna Pawar!” it added.

The video shared by the Nashik Police has garnered widespread attention on social media, with many users praising the police for their daring attempt to nab the culprit.