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
Maharashtra Cyber Department warns against fake news circulation amid rising India-Pak tensions

Mumbai, May 10: The Office of the Additional Director General of Police, Maharashtra Cyber Department, on Saturday issued an advisory warning against the circulation of fake news amid cross-border tensions, asking the citizens to show restraint.
“Spreading false information, knowingly or unknowingly, is a punishable offence under relevant provisions of law. Maharashtra Cyber strongly advises all citizens to exercise restraint and discernment while consuming and sharing information, particularly in relation to matters of national importance. The Government of India maintains official communication channels and verified platforms for issuing statements, updates, and press releases concerning national security and defence matters. Citizens are urged to rely exclusively on these official sources for information and are firmly discouraged from forwarding or amplifying unverified messages, videos, or images that may contribute to social discord or misinformation,” said the advisory.
The department has appealed to all individuals to act responsibly, verify facts from authorised sources, and report any suspicious or misleading content at the earliest opportunity.
“In view of the prevailing cross-border tensions, accurate and timely information concerning developments at the border and adjoining regions holds vital importance for citizens. However, Maharashtra Cyber has observed with concern that amidst the dissemination of critical information, several instances of fake news are being circulated across various digital platforms. This misinformation not only misleads the public but also promotes confusion and unrest within society,” said the advisory.
“A considerable volume of this fake content pertains to alleged army movements, strategic operations, or retaliatory measures from neighbouring countries. Such unverified and misleading content poses a serious risk to national security and may contribute to the escalation of tensions. Unsocial elements appear to be exploiting the sensitivity of the situation by generating and distributing this fake news with the intention of gaining followers, inciting panic, or manipulating public perception,” said the advisory.
Taking cognisance of these developments, Maharashtra Cyber has issued several notices for the removal of such false narratives across social media and communication platforms. The department remains fully committed to maintaining a secure and trustworthy information environment and will continue to coordinate with platform operators and enforcement agencies to curb the spread of misinformation.
The Cyber Department’s advisory comes a day after Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde warned that the government will take stern action against those spreading fake news on social media.
CM Fadnavis, at the meeting he chaired to review the security arrangement and preparedness amid escalating conflict between India and Pakistan, asked the administration to study the central government’s ‘Union War Book’ in depth and inform everyone about it.
Police cyber cells in every district should monitor social media and identify handles that are helping Pakistan and take action against them. If anyone is helping the enemy or spreading false information, take action against them, he said at the meeting.
Further, Eknath Shinde said, “Spreading fake news on social media is a serious crime. Strict action would be taken against it. We request that people not film, video, and broadcast whatever preparations are being made by the military and coast guard forces, as it is important from a security perspective.”
He announced that the government will initiate strong action against those engaged in spreading fake news on social media.
Maharashtra
Indo-Pak tension: Mumbai Dadar Chowpatty not closed

Mumbai: Mumbai Due to the war-like situation and tension between Pakistan and India, the market of rumors is hot on social media. Mumbai Police has denied the rumor of Mumbai’s Dadar Chowpatty being closed and has said that Dadar Chowpatty has not been closed. The message of Dadar Chowpatty being closed in the context of war was shared on social media, after which the police have denied it on their X and social media accounts and have said that Dadar Chowpatty is open to the general public as usual. It has not been closed. The public does not need to panic or pay attention to the rumor. Similarly, there was news of a drone being seen in Mumbai’s Sakinaka last night, which was confirmed by the police, which has also denied it. No drone has been found in Sakinaka either. This is also just a rumor, so the police have appealed to the citizens not to pay attention to the rumors and not to take any kind of action. Avoid sharing and making rumors viral.
Maharashtra
Indian soldier Murali martyred in Pakistani firing in Mumbai

Mumbai: After the terrorist attack in Kashmir Pahalgam, the Indian Army retaliated and launched a massive attack on Pakistan under “Operation Sindoor”. While the enemy was defeated in this operation, 27-year-old Murali Naik, a resident of Kamaraj Nagar, Mumbai, was martyred in firing on the border.
As soon as the news of the martyrdom of Martyr Murali Naik reached the area, a wave of mourning spread throughout Kamaraj Nagar. Every eye was moist and every heart was filled with pride. Former corporator of the area, Parmeshwar Kadam, said that Murali was honest and sociable since childhood and was also a capable soldier. He dreamed of serving the country at a young age. Even after facing setbacks, Murali joined the army. Some relatives even forbade him from joining the army, but Murali’s passion was unwavering. With hard work and dedication, he fulfilled his dream by joining the army.
Murali Naik joined the Indian Army in 2022. After training in Nashik, he was posted in Assam, then Punjab. Just a month ago, he was sent to the Uri sector of Jammu and Kashmir, where he was martyred in firing by Pakistan on Friday morning. The mortal remains of martyr Murli Naik will be taken to his native village in Andhra Pradesh tomorrow, where his last rites will be performed with full state honours. Murali, who belongs to the Dhangar community, was sociable and lively since childhood. Today, not only Mumbai but the entire country is proud of Murali Naik. He made his great sacrifice while protecting Mother India.
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