January 25, 2025 7:55 AM January 25, 2025 7:55 AM
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ED launches probe into Torres fraud, conducts searches in Mumbai and Jaipur
The Enforcement Directorate (ED) conducted raids at 13 locations in Mumbai and Jaipur under the Prevention of Money Laundering Act (PMLA) in connection with fraudulent investment schemes by Platinum Hern Pvt Ltd that ran Torres Jewellery. The company allegedly lured investors with promises of two to...