Thane man kills brother after fight over Rs 500
Thane (PTI): A 32-year-old man allegedly killed his younger brother after an argument over Rs 500 in Maharashtra's Thane district, police said.
The incident took place on Tuesday night in Kalyan area, they said, adding the accused has been arrested.
The accused, Salim Shamim Khan, who was inebriated, got enraged when his brother Naseem Khan (27) confronted him for taking Rs 500 from his pocket without permission, an official from Bazarpeth police station said on Wednesday.
The argument escalated and the accused allegedly stabbed his younger brother to death with a knife, he said.
Their mother later alerted the authorities about the incident.
Based on her statement, the accused was arrested on Wednesday and booked under Bharatiya Nyaya Sanhita section 103(1) (murder).
The body was sent to a government hospital for post-mortem and a probe was on into the case, the police added.
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Torres scam amount rises to Rs 18.5 cr; promoters had elaborate gift scheme to lure investors
Mumbai, Jan 9: The promoters of Torres jewellery brand, which is being probed for allegedly running a ponzi scheme, promised cars, flats, gift cards and hampers to attract investors, a Mumbai police official said on Thursday.
Hundreds of investors have alleged that they have been duped and a probe into these allegations is being carried out by the Mumbai police's Economic Offences Wing (EOW).
The EOW team visited the brand's showroom in Dadar West during the day as part of investigations, the official said.
"The probe has found the promoters made a combination of ponzi and multi level marketing (MLM) schemes and had promised returns of 3 to 7 percent per week on investments. They promised lucrative returns to those who would spread the schemes and bring in more investors. While giving stones to investors, the promoters had earmarked gift cards, certificates, hampers and cars for them," he said.
"These items were kept for display in the Torres jewellery brand showroom in Dadar. We have recovered them along with stones. A huge amount of cash was also found and this is being counted," the official added.
Deputy Commissioner of Police Sangramsingh Nishandar, who is leading the probe, said the EOW will take all efforts to protect the interest of investors.
"We have opened a special cell at Shivaji Park police station so that those who invested money in the Dadar showroom can fill a form giving details of the money they put in these schemes as well as returns they received so far. Initially, there were 66 investors who had lodged complaints, and the amount was Rs 13.48 crore. This figure has increased to Rs 18.5 crore and is expected to rise further in the days to come," the DCP informed.
"The EOW has conducted searches at various places in connection with the probe. We have arrested three persons and are questioning them," he added.
Another official said EOW teams carried out raids in Colaba, Dadar and Dombivali and some other places and have confiscated important documents, investment papers as well as cash.
"Among the investors who were duped by the company was vegetable seller Pradeep Kumar Vaishya, who lost around Rs 4 crore in the scam. He had collected money from his kin and friends. Amid the probe, hundreds of new investors have approached police," this official said.
