Torres Jewellery | Jewellery Chain, Bonus Scheme, Limited Offer: Mumbai Scam Dupes Thousands
A jewellery chain with several stores in Mumbai has allegedly duped hundreds through a Ponzi scheme promising high returns. Torres jewellery has, however, shifted the blame to its CEO and other staff members, alleging that they conned customers through a fraudulent scheme and also robbed and vandalised stores part of the chain. Torres has six stores in and around Mumbai. Since yesterday, hundreds have reached its Dadar store to demand their money back. Police have registered a case and named the holding firm Platinum Hern Private Limited, its two directors, CEO, general manager and a store in-charge as accused. The accused have been charged with cheating and criminal conspiracy, among others.
