Torres returns, asks defrauded investors to bet on it again
MUMBAI, June 3 -- Less than 18 months after it scammed 125,000 investors in Mumbai, the 'Torres' brand is back in business. Those who had been defrauded have begun receiving phone calls and texts, tempting them to invest in fresh schemes under the rebranded 'Torres International'.
The 'Torres Jewellery' fraud surfaced in January 2025, when small investors realised they had been duped of Rs.177 crore.
Now, the Torres Jewellery portal is operational again, displaying the following message: "Torres has restarted. Withdraw your funds and invest with us to earn 30% every month. It's a completely legal business." P3...
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