Crime
₹177-Crore Torres Fraud Case: PMLA Court Drops Charges Against Whistleblower CA Abhishek Gupta

Mumbai: The special PMLA court has refused to prosecute whistleblower Abhishek Gupta, a Chartered Accountant, booked by ED for money laundering in connection with the Torres fraud case.
Observation Made By The Judge
While dropping prosecution against Gupta, the special judge RB Rote, said: “There is no material/evidence to indicate that accused No.10 (Gupta) is actually involved in any process or activity connected with the proceeds of crime. Therefore, considering the limited role assigned against accused No.10, it shows that there are no sufficient grounds for proceeding against accused No.10 for the offence under PMLA.”
“Despite being aware of financial irregularities and non-compliance, he failed to take timely action or report these issues to the relevant authorities. His delay in raising alarms suggests that he knowingly facilitated the management’s illegal business dealings. The accused No.10, the Auditor, appears to have reported the irregularities and non-compliance in his audit report,” the court further said.
It, however, referred to the ruling of the Bombay High Court, where a Statutory Auditor and Chartered Accountant were discharged. The court, however, ordered to proceed against the other 12 accused, namely, M/s Platinum Hern Pvt Ltd (PHPL) – Torres Jewellery, Alpesh Khara, Sagar Paresh Mehta, Oleksandr Zapichenko alias Alex, Olena Stoian, Viktoria Kovalenko, Sarvesh Ashok Surve, Tausif Reyaz alias John Carter, Lallan Jamedar Singh, Tazagul Khasatova alias Tanya, Astrozen Pharma Pvt Ltd, and Prisah Advisory Pvt Ltd.
The Enforcement agency has claimed that, PHPL company lured the investors into a fraudulent investment scheme under the guise of high returns and lucrative rewards. The company enticed the customers by promising exaggerated weekly returns ranging from 2% to 9% on investments in gold, silver, original diamond jewellery, and precious gemstones, particularly targeting those looking to invest in these assets. ED claimed that they offered “Investment Bonuses” of 20% for bringing in new investors, creating a chain-like referral system.
“The sales officers at the showrooms misled the customers by conducting seminars, advertising high returns and offering lucky draws with the chance to win luxury cars and expensive mobile phones, giving an impression of legitimacy. In reality, the company marketed synthetic moissanite stones, which were much cheaper than diamonds, as high-value investments, promising that their value would increase in the future, akin to diamonds,” ED said, claiming that the value of the proceeds of crime as of now is Rs 177.11 crore.
Crime
Mumbai Drug Bust: 24-Year-Old Arrested In Byculla With Mephedrone, Charas Worth ₹3.46 Crore In Car

Mumbai: In a major anti-drug operation, the Mumbai Police arrested a 24-year-old man in the early hours of Wednesday and recovered a large quantity of narcotics valued at over Rs 3.46 crore. The accused, identified as Sahil Junaid Ansari, a resident of Bhiwandi in Thane district, was intercepted while driving through the Byculla area of South Mumbai.
Accused Found Driving Suspiciously In Byculla Area
The incident occurred around 4 am when a team of patrolling constables, Bhabad, Bhoye and Gangurde, spotted a Maruti Ertiga car moving suspiciously near Hume Church on B.A. Road. The team flagged down the vehicle and questioned the driver about his presence at that odd hour. Ansari, however, failed to give a satisfactory response, raising the officers’ suspicions.
Alerted by constable Bhabad, night duty in-charge Police Inspector Anup Dange immediately reached the location with PSI Kolekar, PSI Asade from the Anti-Terror Cell and other detection personnel.
Details On Drugs Found In Car
A detailed search of the vehicle was conducted, during which the police found 1,710 grams of Mephedrone, commonly known as MD, concealed inside. The street value of the seized MD is estimated at Rs 3.42 crore. Additionally, 17 grams of charas worth Rs 4.5 lakh were also recovered from the car.
Police officials confirmed that Ansari has been taken into custody and booked under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The contraband was seized and sent for forensic examination.
Crime
Karnataka KRIDL Office Assistant, Once A Sweeper, Found With Properties Worth Over ₹100 Crore

Bengaluru: A sweeper, turned outsourced office assistant at the Karnataka Rural Infrastructure Development Corporation (KRIDL) in Koppal district has been the owner of properties worth over Rs 100 crore.
The shocking revelation came after the Karnataka Lokayukta raided the KRIDL office in Koppal, following a complaint against the Chief Executive Engineer Z M Chincholikar that there has been misappropriation of funds to the tune of Rs 72 crore in the works taken up between 2022 – 2024.
However, during the raid, the Lokayukta police grew suspicious over the office assistant Kalakappa Nidagundi of Bandi village in neighbouring Yalaburga taluk. Both Chincholikar and Nidagundi were immediately suspended and the search operations continued. However, Chincholikar managed to obtain a stay from the KAT and has been transferred to Davanagere.
During the search operations, the Lokayukta police stumbled on interesting facts about Kalakappa Nidagundi. He started his career as a sweeper in the KRIDL office, Koppal. Later in 2003, he was registered as an outsourced employee and made the office assistant. Since then, he has been the office assistant of the Koppal division.
While investigating the Rs 72 crore misappropriation in 108 works taken up by KRIDL during 2022-2024, the Lokayukta police realised that Kalakappa Nidagundi was the mastermind of the scam. The Lokayukta police decided to go after the property he had amassed and were shocked to see that he was owning two luxurious cars, along with other properties, which is worth over Rs 100 crore.
According to Lokayukta police, Nidagundi has 24 houses in Koppal and Bhagya Nagar near Bagalakot. He has over 40 acres of farmland in the name of his wife, brother and brother-in-law. Besides, he owns over 50 housing plots in places like Bandi, Hitnal, Huligi and Yalaburga. The Lokayukta police have seized two cars, two bikes, 350 gms of gold and 1.5 kg silver from his house, which were unaccounted for.
Crime
Burglary Cases Surge In Mumbai, Navi Mumbai, And Thane; Police’s Strategy Busts Chaddi-Baniyan Gang

Recently, there has been a rise in housebreaking cases in Mumbai, Navi Mumbai, and Thane, which has resulted in a coordinated police initiative that led to the capture of the infamous Chaddi-Baniya gang. Significantly, law enforcement captured two siblings by employing an ingenious strategy that involved a water truck to ensnare them.
This group had created anxiety in the neighborhood, as their actions were frequently hard to track. Investigations showed that the gang leased a house and utilised a path through a different city during their heists, making detection more difficult.
A significant development occurred when authorities discovered that the gang leader’s brother was imprisoned at Yerwada jail, leading to additional investigations into the gang’s familial ties. This directed them to a chawl in Sabe village, where the gang was believed to live.
Law enforcement formulated a strategy to collect additional information by delivering water from a tanker, earning the confidence of the community. Ultimately, a group of 25-30 officers encircled the chawl and apprehended the suspects, recognized as Shahaji Pawar and Ankush Pawar, hailing from Kalamb in the Dharashiv district.
In the meantime, the Pimpri Chinchwad Police Crime Branch celebrated another major success by capturing members of a gang that had robbed an industrialist in the Nigdi Authority region, recovering valuables valued at Rs 6.15 lakh following a 11,200-kilometre pursuit in Rajasthan.
Similar Incident
A 37-year-old history-sheeter, Mohammad, was arrested for a shooting incident in Dharavi, Mumbai, where Sarvar Begum Shaikh, 32, was injured while shopping. The incident occurred on July 27 at 90 Feet Road. Sarvar was shot in the hand, and after surgery at Sion Hospital, her condition is stable.
Initially unaware of the injury, she realised something was wrong when blood started to flow. Police are investigating whether she was a random victim or caught in crossfire, reviewing CCTV footage, and examining Mohammad’s potential link to other crimes. A case was registered under relevant laws.
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra10 months ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra10 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra10 months ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
Crime10 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
-
National News10 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra9 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News10 months ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface