Three held in connection with Torres investment scam
Thane, Jan 12: The Mira-Bhayandar, Vasai-Virar police on Saturday arrested three persons for their alleged association with the jewellery company that owns the Torres brand, an official said.
The jewellery company is accused of cheating investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes.
The official from the Navghar police station said that offences have been registered against the management and staff of the company.
The Mumbai police's Economic Offences Wing has carried out raids in Colaba, Dadar and Dombivali and confiscated important documents, investment papers as well as cash as part of its probe into the alleged scam.
Earlier, a Mumbai police official had said that the magnitude of the scam had reached Rs 18.5 crore and was expected to rise further.
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Sharad Pawar's long-term politics of betrayal ended by BJP's poll victory in Maharashtra: Amit Shah
Shirdi, Jan 12: Union Home Minister Amit Shah on Sunday said veteran politician Sharad Pawar played politics of betrayal and treachery in Maharashtra from 1978, which was ended by BJP's massive victory in the assembly polls with its resolve to establish a stable government.
Addressing a state BJP convention in Shirdi, Shah said the people of Maharashtra showed Pawar, who heads NCP (SP), and Shiv Sena (UBT) leader Uddhav Thackeray their place by rejecting the politics of dynasty and betrayal in last year's elections.
Citing differences between Congress and allies in Delhi, West Bengal, Bihar, and Maharashtra, Shah said the decline of the opposition INDI block has begun.
"Sharad Pawar started politics of 'daga-phatka' (betrayal and treachery) in Maharashtra in 1978, which was rejected by people in 2024 (elections). Similarly, the politics of the dynasty and the betrayal of Uddhav Thackeray was also rejected. People showed Pawar and Uddhav Thackeray their place in 2024 polls," Shah said.
Noting that the BJP's victory in Maharashtra will have long-term consequences, Shah said the historic win shattered the INDI alliance's confidence.
He said the BJP will win the Delhi assembly elections next month hands down.
