Torres investment scam: 3 held, 7.4cr in firm's bank a/cs frozen

Shivaji Park police arrested two directors and a senior executive of Platinum Hern Pvt Ltd for defrauding over 18,000 people through Torres jewellery chain's investment schemes. The accused promised high returns and bonuses. The Economic Offences Wing has taken over the case. Protests erupted when stores abruptly closed.

Torres investment scam: 3 held, 7.4cr in firm's bank a/cs frozen
Shivaji Park police arrested two directors and a senior executive of Platinum Hern Pvt Ltd for defrauding over 18,000 people through Torres jewellery chain's investment schemes. The accused promised high returns and bonuses. The Economic Offences Wing has taken over the case. Protests erupted when stores abruptly closed.