đź’¨ Abstract
The Torres jewellery brand, under investigation for a suspected ponzi scheme, promised cars, flats, gift cards, and hampers to attract investors. Hundreds of investors have alleged being duped, and the Mumbai police's Economic Offences Wing (EOW) is investigating. The EOW found a combination of ponzi and multi-level marketing (MLM) schemes, with promoters promising returns of 3-7% per week.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
SubscriberWrites: Between Law and Legacy–How Kashmir is Moving from Political Capture to Constitutional Clarity
Mom-to-be Kiara Advani to make her Met Gala debut this year
As Sudan's army retakes ground, some displaced residents return to ravaged capital
Palestinian journalist killed in Gaza as Israel targets colleague
SubscriberWrites: It's Time We Mainstream Menstrual Health–A Dignified Life for Every Woman
EU prioritises talks with US to get Trump's tariffs removed
US facing Monday deadline to return wrongly deported Maryland man from El Salvador
Crisis at Pune's Gokhale Institute deepens as founding society's secy arrested on fund misuse charges
5 Cryptos to Buy This Month: Major Players and the New Kid on the Block
BEST bus crushes to death 3-year-old girl in Mumbai's Borivali area
Powered by MessengerX.io