January 17, 2025: Fact Recorder
Torres scam: Run by Platinum Hern Pvt Ltd, the firm allegedly floated multiple schemes offering weekly interests, considered ‘too good to be true’ with around 500 percent annual interest on investments.
Torres scam: The Mumbai Police on Thursday arrested another accused Alpesh Khara (54), a hawala operator, in connection with the Torres ponzi scheme case. This is the fourth arrest in the case. Khara is alleged to have taken money from the Ukrainian accused and sent it to other countries.
An officer said that Khara is based in Gamdevi and was produced before the court on Friday. He was remanded in police custody till January 21. An officer said that Khara was uncooperative with the probe and had destroyed all record books and other proof that the police alleged would have proved his role in the crime. So far apart from the arrest made on Thursday, the Mumbai police EOW has arrested the company’s general manager Taniya Xasatova alias Tazagul Karaxanovna Xasatova, director Sarvesh Ashok Surve, and store in-charge Valentina Ganesh Kumar.
Torres, run by Platinum Hern Pvt Ltd, allegedly floated multiple schemes offering weekly interests, considered ‘too good to be true’ with around 500 percent annual interest on investments. Initially, investors were promised returns regularly, but Torres began defaulting in December last week.
