Maharashtra
Mumbai’s Torres Jewellers Accused Of ₹13.48 Crore Fraud; Company Alleges Theft By CEO And CA

Mumbai: A major financial scam involving Torres Jewellers has come to light, with the Shivaji Park police registering an FIR against the company’s directors and CEO for allegedly defrauding investors of over ₹13.48 crore. Investors gathered outside the company’s office in Dadar, demanding the return of their principal amounts after promised investment returns ceased.
The Shivaji Park Police have registered an FIR under Sections 318(4), 316(5), and 61 of the Bharatiya Nyaya Sanhita (BNS), along with Sections 3 and 4 of the Maharashtra Protection of Interest of Depositors (MPID) Act, 2023. The accused include Platinum Hern Pvt. Ltd., which operates the Torres Jewellers brand, its directors Sarvesh Ashok Surve and Victoria Kovalenko, CEO Taufik Riaz alias John Carter, General Manager Tania Casatova, and Store In-Charge Valentina Kumar. No arrests have been made yet, according to the police, and the Economic Offences Wing (EOW) will take over the investigation.
Timeline of the Fraud
The complainant, Pradeep Kumar Mamraj Vaishya (31), a vegetable vendor residing at Mahatma Phule Nagar, Nariman Point, reported the alleged fraud, which occurred between June 21, 2024, and December 30, 2024.
Platinum Hern Pvt. Ltd. lured investors by promising lucrative returns on investments through the sale of Moissanite stones, offering a weekly return of 6% on invested amounts. Initially, the company delivered returns to gain trust, but all payments, including principal repayments, ceased on December 30, 2024.
At least seven investors, including the complainant, have filed complaints, resulting in the FIR. The accused face charges of breach of trust and misappropriation of funds. Preliminary investigations indicate the company owner is abroad, and authorities are exploring further links, including potential accomplices and the suppliers of fraudulent schemes.
Torres Jewellers’ Counter-Claims
In an unexpected twist, Torres Jewellers released a statement on its official website accusing its CEO, Taufik Riaz, and Chartered Accountant Abhishek Gupta of theft and vandalism. The company claims the duo orchestrated a burglary at one of its jewellery shops.
The website features CCTV footage purportedly showing the two individuals stealing valuables and vandalizing the premises. Accompanying the footage are images of the accused, which the company alleges confirm their involvement in the theft. Torres Jewellers claims this incident is part of a larger conspiracy.
Maharashtra
Mumbai Police Issues Traffic Advisory For WPL 2025 Matches At Brabourne Stadium In Churchgate; Details Inside

Mumbai: The Mumbai Police has issued a traffic advisory for the Women’s Premier League (WPL) 2025 T20 cricket matches scheduled at Brabourne Stadium in Churchgate from March 10 to March 15. The advisory aims to ensure smooth vehicular movement and minimize inconvenience to the public.
According to the notification issued by Deputy Commissioner of Police (South), Traffic, Pradnya Jedge, the restrictions will be in effect daily from 12 pm to 11:55 pm during the match days.
Traffic Restrictions & No Parking Zones
To prevent congestion, the Pay & Park facility on key roads near the stadium will be temporarily suspended, and parking will be prohibited in the following areas:
– Veer Nariman Road (Sunder Mahal Junction to Churchgate Junction)
– Dinshaw Vachha Road (Marine Plaza Junction to Western India Automobile Association Chowk)
– N.S Road (Sunder Mahal Junction to Air India Junction, both South & North Bound)
– Jamshethji Tata Road (CD Deshmukh Chowk to Churchgate Junction, both South & North Bound)
Additionally, all vehicles, except emergency services, will be prohibited from using these roads during the restricted hours.
Mumbai Indians Eye Top Spot In WPL 2025
On the sporting front, the Mumbai Indians will aim to climb to the top of the WPL 2025 points table, beginning with their match against the in-form Gujarat Giants on Monday.
Currently placed third with 8 points and a Net Run Rate (NRR) of 0.267, Mumbai Indians have a crucial opportunity to secure first place by winning their upcoming matches against Gujarat Giants and Royal Challengers Bengaluru. A double victory would take them to 12 points, guaranteeing a top finish.
Finishing first is particularly important for Mumbai Indians as it would help them avoid playing a fourth match within six days, reducing player fatigue ahead of the knockout stage.
With both traffic arrangements and on-field action heating up, Mumbai is set for an exciting week of cricket and logistical management around Brabourne Stadium.
Maharashtra
ASI protects the dargah of Aurangzeb (may Allah be pleased with him)

Mumbai: On the removal of Aurangzeb’s tomb in Khuldabad, Aurangabad, Maharashtra Chief Minister Devendra Fadnavis has clarified that this tomb is protected under the ASI Act and he held the Congress government responsible for this.
He said that the government will take a decision regarding Aurangzeb’s tomb, but it will not be done in a hurry. He said that before taking a decision regarding the tomb, the ASI Special Act will have to be amended or some other way will have to be adopted. On the other hand, the demand for removal and demolition of Aurangzeb’s tomb is gaining momentum.
BJP leader and MLA Nitesh Rane has said that just as bulldozers are run on religious places early in the morning, in the same way one day action will be taken on Aurangzeb’s tomb. After this statement of Nitesh Rane, the uproar has intensified.
Devendra Fadnavis, while speaking about Aurangzeb’s Samadhi on the 350th martyrdom anniversary of Guru Tegh Bahadur, has revealed the government’s policy on its removal. He said that if needed, the Samadhi and Mazar will be removed by amending the ASI Act.
Aurangzeb died in 1707, he fought the Marathas for 27 years. As per his wish, he was buried in the premises of his Pir Sheikh Zainuddin Dargah. According to the information given in the death certificate, Rs 1.4 million was spent on his burial.
Maharashtra
Case filed against journalist for insulting Moin Miyan

Mumbai: Mumbra police have filed a case against Mumbai TV journalist Jain Syed for insulting the honour of Hazrat Maulana Moinuddin Ashraf alias Moin Miyan and hurting religious sentiments.
The complainant Mumbra resident Bilala Ahmed Muhammad Rafiq Qazi, 37, lodged a complaint at Mumbra police station stating that he received an objectionable and controversial video related to Moin Miyan on his mobile phone which aired objectionable content against Moin Miyan, causing outrage in Ahle Sunnat Wal Jamaat (ASWJ) as Moinuddin Ashraf, also known as Moin Miyan, is also the head of Ahle Sunnat Wal Jamaat and Sunni Jamiat Ulema (SJU).
This hurt the sentiments of his followers and relatives, following which the Mumbra police have registered a case against journalist Zain Sayed under Sections 299, 3(5) of the IPC for broadcasting controversial content against Moin Mian. The police are further investigating the matter.
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