Connect with us
Thursday,27-November-2025
Breaking News

Crime

Revelations In Torres Jewellery Chain Scam: Company’s Head Accounted alerted Police, Delayed By Authorities, Claims Report

Published

on

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.

Crime

Red Fort blast: Accused Soyab sent to 10-day NIA custody

Published

on

New Delhi, Nov 26: The National Investigation Agency (NIA) was granted a 10-day custody of Soyab, the accused in the Delhi terror blast case, who was arrested in Faridabad earlier on Wednesday.

Soyab was presented before the Patiala House Court, which approved his transfer to NIA custody for 10 days.

Additionally, another key accused, Aamir Rashid Ali, had his NIA custody expiring on the same day. He was also presented before the court, which extended his custody by an additional seven days.

The NIA, earlier in the day, arrested Soyab, a resident of Faridabad’s Dhoj, for harbouring terrorist Dr Umar Muhammad, also known as Umar Un Nabi, immediately before the Delhi terror bomb blast.

Soyab is the seventh person to be arrested in connection with the case.

According to the NIA, he not only harboured Umar before the attack but also provided logistical support crucial to the execution of the November 10 car bombing near the Red Fort that killed several people and left many others injured.

Before this arrest, the NIA had taken six of Umar’s close aides into custody as part of ongoing investigations under case number RC-21/2025/NIA/DLI.

The NIA stated that it is actively pursuing multiple leads related to the suicide bombing and has been conducting coordinated searches across several states with the assistance of local police forces. The agency said its objective is to identify and apprehend all members linked to the larger terror network responsible for the attack.

Meanwhile, ongoing investigations have revealed chilling details about terrorist Umar’s methods and preparations.

According to interrogation inputs from arrested members of the terror module, Umar maintained what investigators describe as a “mobile workstation” — a large suitcase containing bomb-making tools, chemical compounds and containers. He carried it with him wherever he went.

Umar, a medical professional associated with Al-Falah University in Faridabad, reportedly conducted chemical tests in his room on campus before creating the final Improvised Explosive Device (IED).

One of the arrested suspects, Dr Muzamil Shakeel, also affiliated with the same university, confirmed to interrogators that Umar experimented with substances that were later used in the blast.

Continue Reading

Bollywood

252-Crore Drugs Case: Social Media Influencer Orry Appears Before Mumbai Crime Branch’s ANC Ghatkopar Unit

Published

on

Mumbai: In a major development in the ₹252-crore drug trafficking case, social media influencer Orry appeared before the Ghatkopar Unit of the Anti-Narcotics Cell (ANC) of the Mumbai Crime Branch today for questioning.

The ANC had issued a second summons to Orry, directing him to join the investigation. Earlier, he was summoned on November 20, but he informed the agency that he would not be available until November 25. Following this, a second summons was issued, requiring him to appear on November 26.

The ANC is expected to record Orry’s statement as part of the ongoing probe into the high-profile drugs syndicate.

Further details are awaited as the investigation continues.

Continue Reading

Crime

Maharashtra: Palghar Police Seize Truck Carrying Illicit Daman-Made Liquor Worth ₹33 Lakh Ahead Of Elections

Published

on

Palghar: With police maintaining a strict watch on illegal liquor smuggling in Palghar district ahead of the elections, the Vikramgad police conducted a major operation and seized a truck transporting illicit Daman-made liquor.

Based on a tip-off, police set up a blockade (nakabandi) on the Vikramgad-Talwada road near the village of Dadade. When officers attempted to stop the truck, the driver abandoned the vehicle and fled the scene.

The police confiscated illicit liquor worth approximately ₹11 lakhs from the truck, along with the truck valued at ₹22 lakhs, bringing the total value of seized goods to ₹33 lakhs.

Anticipating an increase in the use of liquor to attract voters during the election season, the police are keeping a strict vigil on smuggling activities. Further investigation is currently underway.

Continue Reading

Trending