Case against Mumbai firm, management for duping investors of Rs 13.48 crore

Mumbai police charged directors of Platinum Hern Private Limited with defrauding investors of Rs 13.48 crore by promising high returns on investments in moissanite. A complaints surfaced after the firm ceased disbursements in late December, leading to allegations under cheating and breach of trust regulations. The case is under investigation.

Case against Mumbai firm, management for duping investors of Rs 13.48 crore
Mumbai police charged directors of Platinum Hern Private Limited with defrauding investors of Rs 13.48 crore by promising high returns on investments in moissanite. A complaints surfaced after the firm ceased disbursements in late December, leading to allegations under cheating and breach of trust regulations. The case is under investigation.